Retirement Annuity (RA) calculator
Calculate SARS Section 11F tax deduction on Retirement Annuity contributions (up to 27.5% / R350,000 cap), instant tax refund and compound growth.
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About this tool
Calculate your instant SARS tax refund from contributing to a Retirement Annuity (RA) under Section 11F of the Income Tax Act. Factor in your annual taxable income, contribution amount (tax deductible up to 27.5% capped at R350,000), and project long-term compound growth until age 55+.
How to use it
- 1 Enter your annual taxable income or remuneration.
- 2 Enter your planned annual or monthly Retirement Annuity contribution.
- 3 Select your marginal income tax bracket (18% to 45%).
- 4 Inspect your immediate annual SARS tax refund, net after-tax cost of investing, and projected retirement nest egg.
Questions
What is the maximum tax deduction for an RA in South Africa?
Taxpayers can deduct contributions up to 27.5% of the higher of remuneration or taxable income, subject to an annual maximum ceiling of R350,000.
What is Regulation 28 in South African retirement funds?
Regulation 28 of the Pension Funds Act limits risk exposure in retirement annuities: maximum 75% in equities, 25% in property, and 45% in offshore foreign assets.
Is my data uploaded?
No. This tool runs in your browser, so your text and files never reach our server.
Is this tool free?
Yes. It’s free to use with no sign-up and no limits for normal use.
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