Tax-free savings
Tax-free savings account
Is this for you?
By law, the maximum you can invest in this product is R36 000 per tax year and R500 000 over your lifetime. If you want to make monthly contributions, you have to invest at least R250 a month (up to R3 000 a month).
Benefits
- Pay only when you can – no penalties when you take a payment break
- No tax on the returns of your investment
- No administration fees, no performance fees and no penalty for withdrawing