23/03/2025
Some food for thought shared by Hannes De Wet
As Tax Free Savings Accounts (TFSAs) celebrate their 10-year anniversary in South Africa, wanted to see how much an individual would have in their TFSA if they had invested the full allowance since the beginning of 2015.
Here's what they found...
South African tax-free savings accounts offer tax-free growth on investments, with the potential to turn R369,000 into R1.18 million over ten years.