RA vs TFSA: What Is the Advantage of a Tax-Free Savings Account?

In his Budget Speech, the Minister of Finance announced an increase in the annual tax-free savings account (TFSA) contribution limit from R36,000 to R46,000 – the most significant boost to this allowance in years, and a timely reminder of just how powerful this vehicle can be. When used properly, it can deliver completely tax-free returns […]