B2B Central

TFSA

11 Mar 2024

Change your TFSA investment cycle to March

By Staff Writer

By: Mike Titley, Business Development and Marketing at Laurium Capital There are two certainties in life: death and taxes. The South African government has given you a pass on one of these, and it is not death. History shows, by proactively investing in a Tax-Free Savings Account on 1 March each year, instead of waiting...
06 Jul 2023

Just how important is a tax-free savings account?

By Staff Writer

Should you have a tax-free savings account or not? It seems as if it is the ideal vehicle to save in, regardless of the goal or time horizon, because the returns are tax free. However, there are a few considerations when it comes to having a tax-free account.  Ester Ochse, Product Head, FNB Integrated Advice...
25 Feb 2022

Less than a week to go to ring fence your profits from the taxman

By Staff Writer

As many South Africans scramble to beat the end-of-tax year deadline of February 28, here is a breakdown of the taxes that can cause investments with identical performance to deliver substantially different after-tax returns.
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.
07 Feb 2022

Tax-free savings account: a crucial investment vehicle

By Staff Writer

A Tax-Free Savings Account makes for a better investment account as opposed to a savings account.
22 Feb 2020

RA or TFSA? Which is better?

By Janice Roberts

It’s nearly the end of the tax year and across the industry investors are urged to max out their tax-free savings account (TFSA) and retirement annuity (RA) before 29 February 2020.

05 Feb 2020

Tax free savings account or retirement annuity?

By Janice Roberts

The TFSA was introduced by the National Treasury to encourage South Africans to save
29 May 2019

Three powerful tips to boost your savings

By Janice Roberts

By Tlotliso Phakisi, Investment Analyst, Cannon Asset Managers. As rocketing fuel and electricity prices place even greater demand on stretched pockets, the task of saving money and building your wealth may seem more daunting than ever.
15 Feb 2019

Comparing tax-free savings accounts with unit trusts

By Janice Roberts

By Jaco Prinsloo, Financial Planner at Alexander Forbes Financial Planning Consultants. The close of the tax year is drawing near, meaning those wanting to make use of the tax-free savings account allowance have their last opportunity on February 28 to put money away in the current tax year.
24 Jan 2018

Using TFSAs and RAs to benefit financial wellbeing

By Janice Roberts

South Africa’s national average savings rate is a dismal three percent, while the household debt to income ratio is a staggering 74.4%.
02 Mar 2017

Publication of Regulatory Amendments for Tax Free Savings Accounts

By Janice Roberts

The National Treasury said in a statement that it will shortly publish final amendments to tax free savings accounts regulations for the year beginning 1 March 2017.
06 Jul 2016

Asset managers expect further growth in tax-free savings accounts

By Janice Roberts

After the first year of tax-free savings accounts (TFSAs) becoming available in South Africa, it is clear that the products have been successful in encouraging new investors to save money in investments.