Retirement Fund Contributions — s11F Deduction Calculator
Pension · Provident · Retirement Annuity
InspiredTaxAfrica
s11F rule: The allowable deduction is the least of (a) 27.5% of the greater of your remuneration or taxable income (excluding lump sums), (b) the annual rand cap, and (c) your taxable income before this deduction. Excess contributions carry forward indefinitely.
Income Base (excluding lump sums)
Contributions for the Tax Year
Audit risk: RAF amount not verified against an IT3(f) certificate. Verify before submission to SARS.