News10 ways to maximise the benefits of your tax-free savings account

November 3, 2021by backend0

With the end of the tax-year being imminent, tax-paying South Africans are taking all steps to reduce their tax liabilities and other tax efficiencies, and that includes making use of the annual tax-free savings account (TFSA) contribution limit of R36 000. While the tax benefits of tax-free savings accounts are indisputable, a TFSA should be viewed as part of your overall investment portfolio to ensure that it is achieving its purpose.

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