MoneyMarketing

tax-free investments

15 Feb 2024

What a tax-free investment should ideally be used for in a financial plan, and what not

By: Pierre Jean Marais, Retail Marketing at Momentum Wealth As financial planners and wealth managers, our goal is to craft effective strategies tailored to people’s unique needs. Tax-free investments (TFIs) offer valuable opportunities to address key financial planning objectives, including retirement planning and setting future generations up for financial independence. Let’s explore the most appropriate...
25 Feb 2022

Investing tax-free

Investing tax-free can offer material benefits over the long term. Tax-free investment products also offer additional flexibility.

21 Feb 2022

Getting the most out of your tax-free savings

With the end of the tax year approaching at the end of February, now is the time to ensure that you have maximised your tax benefits.
11 Jun 2021

Maximising the benefit of a tax-free investment

South Africa has one of the lowest household savings rates in the world. To encourage the culture of savings, the government introduced tax-free investment and tax-free savings accounts in 2015 to incentivise good savings habits.
26 Mar 2021

How to gain the most from a tax-free investment plan

It’s been six years since National Treasury introduced tax-free savings accounts (TFSAs) to encourage South Africans to invest. With a TFSA there is no tax on interest or dividends received, and no capital gains tax (CGT) on funds withdrawn.
16 Feb 2021

Tax free wealth creation with property funds

By Liliane Barnard, CEO and Portfolio Manager at Metope Investment Managers, and Aimee Glisson, Director: Operations, Performance & Risk at Metope Investment Managers The tax year, along with the deadline for an investor’s maximum R36 000 annual tax-free savings account contribution, comes to an end on the 28 February 2021. Investors are likely reviewing the key...
16 Feb 2021

Tax free wealth creation with property funds

The tax year, along with the deadline for an investor’s maximum R36 000 annual tax-free savings account contribution, comes to an end on the 28 February 2021. Investors are likely reviewing the key question of where best to allocate their remaining annual tax-free allowance. Moreover, plans regarding the allocation of the subsequent year’s tax-free allowance are likely in motion.
02 Jan 2020

Get tax smart with your investments in 2020

By Nedgroup Investments. The new year is a fantastic time to get your finances in order. One of the most powerful ways to do this is to make sure you are taking advantage of the tax-efficient options available to you when it comes to investing. What are tax-free investments and why are they so powerful?...
05 Oct 2016

A tax free investment account for your child

Since tax free investments accounts (TFIAs) were introduced in South Africa there has been huge interest in the offering because of the significant tax benefits offered to investors. According to Tandisizwe Mahlutshana, Executive of Marketing at PPS Investments, some parents or legal guardians are also opting to invest in a TFIA on behalf of a...
13 Jul 2015

Watch out for lock-ins when rate rises loom

Investors can’t time the market, but some issues in the financial service sector are predictable and one of those issues concerns the marketing of fixed-interest securities.