Retirement Fund Contributions — s11F Deduction Calculator
Pension · Provident · Retirement Annuity
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s11F rule: The allowable deduction is the lesser of (a) 27.5% of the greater of your remuneration or taxable income (excluding lump sums), or (b) the annual rand cap. 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.