Tax-free savings - the only 'free lunch' in the world of investing

Loading player...
Candice Paine, of PR Financial Services, explains the benefits of tax-free investments. 'The longer you save, the bigger the tax saving', says Paine. An individual can contribute a yearly amount of R36,000 - up to a lifetime maximum of R500,000. 'As the money grows, all the returns on that investment are tax-free'. Learn more about your ad choices. Visit megaphone.fm/adchoices
9 Mar 2021 8AM English South Africa Investing · Business News

Other recent episodes

BN Edge | Piet le Roux: ICASA, Starlink and the true cost of BEE

To sell internet access in South Africa, you first have to show ICASA the race of your shareholders. Sakeliga has now taken the regulator to the Pretoria High Court, but, oddly, not to scrap the 30% black-ownership rule. Chief executive Piet le Roux told Alec Hogg why he chose the…
13 Nov 6AM 28 min