Personal Finance Guide for South Africans
Plan your financial future with free calculators and guides
Good personal financial planning starts with understanding your numbers. Whether you're saving for retirement, evaluating a home loan, or trying to pay less tax, Accounter's free tools help you make informed decisions. This hub brings together all our personal finance calculators, from compound interest to retirement planning.
Free Calculators
Calculate instantly — no signup required
Retirement Annuity Tax Benefit
Calculate your maximum RA deduction and tax saving from retirement contributions.
Two-Pot Retirement Calculator
Calculate the tax impact of a two-pot retirement fund withdrawal and see your net payout after PAYE.
Retirement Lump Sum Tax Calculator
Calculate tax on retirement, resignation, or retrenchment lump sums using cumulative SARS tax tables.
Compound Interest Calculator
Calculate how your money grows over time with compound interest. See the power of compounding with interactive charts.
TFSA Calculator
Project your Tax-Free Savings Account growth. R36,000 annual limit, R500,000 lifetime. See compound growth and tax savings.
Bond Repayment Calculator
Calculate your monthly home loan repayment, total interest, and see the full amortisation schedule.
Income Tax Calculator
Calculate your annual income tax obligations based on current SARS tax brackets and rebates.
Home Office Deduction Calculator
Calculate your allowable home office tax deduction based on floor area, rent or bond interest, and utility costs.
Medical Aid Tax Credits Calculator
Calculate your Section 6A and 6B medical aid tax credits and additional medical expenses deduction.
Transfer Duty Calculator
Calculate property transfer duty using current SARS rates with total transfer cost estimates including conveyancing fees.
Rental Yield Calculator
Calculate gross and net rental yield on investment property. Estimate rental income after expenses and cash flow.
Car Allowance & Fringe Benefit Calculator
Calculate company car fringe benefit tax or travel allowance deductions. See the tax impact of your vehicle benefit.
Travel Allowance Calculator
Calculate your SARS travel deduction using the simplified or deemed cost method. See how much of your allowance is taxable.
Step-by-Step Guides
Learn how with practical walkthroughs
Free Tools
Practical tools to save you time
Key Terms Explained
Understanding the jargon
Capital Gains Tax (CGT)
Capital gains tax is a tax on the profit made when selling a capital asset such as property, shares, or a business in South Africa.
Income Tax
Income tax is a direct tax levied by SARS on the taxable income of individuals, companies, and trusts in South Africa, using a progressive rate system for individuals.
Taxable Income
Taxable income is the portion of total income on which income tax is calculated, after subtracting all allowable deductions and exemptions as defined by SARS.
Frequently Asked Questions
How much do I need to save for retirement in South Africa?
Financial advisors typically recommend replacing 75% of your pre-retirement income. Use our Retirement Calculator to project your savings growth and see if you're on track based on your current contributions and investment returns.
What is the two-pot retirement system in South Africa?
The two-pot system (effective September 2024) splits future retirement contributions into a savings component (⅓, accessible once per tax year) and a retirement component (⅔, preserved until retirement). Use our Two-Pot Calculator to see how it affects your savings.
How much can I contribute to a TFSA annually?
The annual contribution limit for a Tax-Free Savings Account is R36,000, with a lifetime limit of R500,000. Investment growth, dividends, and withdrawals are completely tax-free. Our TFSA Calculator shows projected growth.
How is transfer duty calculated in South Africa?
Transfer duty applies to property purchases above R1,100,000 on a sliding scale from 3% to 13%. Properties below R1,100,000 are exempt. Our Transfer Duty Calculator gives you the exact amount for any purchase price.
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