A road trip to financial freedom

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Topic: tax-free savings account (TFSA)

recipes for financial freedom

7 March 2021

This year I picked a global equity fund for my TFSA and started wondering how the Allan Gray TFSA gets around the dividend withholding tax charged on the offshore listed companies in which I’m invested via the fund. It turns out, there’s no avoiding it. TFSA investors do pay withholding tax on foreign dividends and interest.

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how much tax will a TFSA save you

12 February 2021

A tax-free savings account (TFSA) is a gift from an unlikely benefactor: SARS. Sceptics can be forgiven for ignoring this product, but they are, unfortunately, missing out on significant future tax savings. Exactly how much tax will a TFSA save you?

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decision tax free account or retirement annuity

21 December 2020

Few things stop first-time investors as dead in their tracks as needing to make a big decision. Most people know they want to invest tax efficiently, but which one of the two most popular tax wrappers should you sign up for: a tax-free savings account (TFSA) or a retirement annuity (RA)?

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how to choose the best tax-free account in South Africa

2 February 2020

If there’s only one investment product in your long-term investment portfolio, surely it has to be a tax-free savings account (TFSA). Since TFSAs started in 2015 the number of TFSA providers have grown rapidly, pushing fees down (great for investors). But the levels of service you get with these products vary hugely. Where do you go for the best tax-free account in SA?

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