Individual Growth Services

Tax-Free Investments

A tax-free saving account is an investment that allows you to save your money and enjoy the returns, tax free.

Investment Term

No Fixed Term.

Risk

Dependant on risk appetite

Liquidity

Easily accessible but no option to repay capital amount.

Tax

Tax-free except at death when estate-duty applies.

Inflation

Returns will exceed inflation if growth exceeds inflation.

Why use a Tax-Free Investment?

A tax-free unit trust works much like a standard unit trust. The only difference is that you don’t pay tax on your returns. The ‘catch’ on this type of investment is, you can only invest R33 000 per year and a maximum of R500 000 over your lifetime.

Tax-Free Investment Benefits

Tax-Free Investment Term

There is no minimum term however a long-term investment term is recommended in order to take full advantage of tax-free benefits.

SMB Finance - About the Author - Sheldon Botes

If you are keen to meet up and chat about what your possible options are give me a call or whatsapp me and I will call you back.

WhatsApp or Call

+27 72 374 6867

Email

sheldon@smbfinance.co.za

Get Advice

To learn more about what your investment options are then get in touch. If you are not comfortable filling out the form below, then feel free to phone or email me.

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