tax free savings Archives

20 Jan 2023

How to do tax-free saving right in 2023

By Staff Writer

The first thing every financial adviser should do is to make sure clients are taking advantage of tax-free saving investment portfolios.

21 Feb 2022

Getting the most out of your tax-free savings

By Staff Writer

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 Feb 2022

Why tax is an important part of your clients’ financial planning

By Staff Writer

Tax should be an important consideration for any financial plan.

03 Jun 2021

Stash by Liberty takes top honours at global customer experience awards

By Staff Writer

The Liberty Group's innovative Stash app has won two global awards for offering outstanding customer experience in the insurance industry.The 2021 Digital CX Awards saw the Stash app win the Outstanding Customer Experience Transformation in Insurance Award, as well as the Best Insurtech for Digital Customer Experience Award.

12 Mar 2020

Retirement funds can help to give savings momentum

By Janice Roberts

Government’s attempt in the recent budget speech to encourage South Africans to save more is welcomed. The annual investment limit in Tax Free Savings Accounts was increased from R33 000 to R36 000. However, this move is unlikely to spark any real change in South Africans’ savings behaviour. We are clearly not a nation of savers...

02 Jan 2020

Get tax smart with your investments in 2020

By Janice Roberts

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?...

31 Jul 2019

Tax tips for pensioners

By Janice Roberts

Retirement planning can be a minefield. Not only do you need to start thinking about lifestyle changes but preparing for a sound financial retirement is challenging. Research shows that most people start thinking about their retirement only as from the age of 50, but if you want to maximise your income and minimise your tax...

06 Jun 2019

Tax free investments for your child’s future

By Janice Roberts

By Jan van der Merwe, Head of Actuarial and Product, PSG Wealth. Ensuring there is money aside for the future of your children is an essential part of being a parent. Be it that you’d like to start saving for your child’s tertiary education or you would like a few years to get together a nest...

03 Jan 2018

Education – Planning for the New Year

By Janice Roberts

Ensuring that you give your child a quality education costs money – and it is often the kind of money that most of us simply do not have.

19 Feb 2017

How to use tax free benefits to ease possible rise in tax

By Janice Roberts

Consumers are encouraged to use tax free savings vehicles to ease the possibility of increased tax burdens after the 2017 National Budget Speech. Consumers have until 28 February 2017 to make use of their R30 000 maximum tax free allocation for the current tax year.

05 Oct 2016

A tax free investment account for your child

By Janice Roberts

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...

30 Sep 2016

Revised draft of amendments to regulations on TFSAs published

By Janice Roberts

The National Treasury has today published a revised draft of amendments to the Regulations on tax free savings accounts (TFSAs).