A new investment product for South Africa: the introduction of tax-free savings

March 24, 2015

By Vivienne Fouche On 1 March 2015, the National Treasury introduced the long-awaited legislation allowing discretionary tax-free savings for individuals. As well as playing a role in traditional savings, this could be an excellent way for individuals to supplement their retirement income, and/or save for medical expenses in retirement. Those individuals who choose to save in a ...

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