Don’t miss out on the tax breaks available through tax-free investments
Government introduced tax-free investments in 2015 as an incentive to encourage household savings in South Africa, which has one of the lowest savings rates globally. By removing the tax obligation, saving becomes that much more rewarding. With the power of compounding, your money works harder and with time, will grow as much as three times more*.
With our app it’s easy to invest, whenever and from wherever you are
You can open or top up a tax-free investment account on the Nedbank Private Wealth app – just another way we’re making it easy to manage and grow your wealth at your convenience. See the guide below for how to download our app and a video on how to open the tax-free account.
A tax-free investment is a great tool to save for your family’s future education
At the start of a new school year, concerns about escalating fees are often top of mind. With a tax-free investment, you can help give your family the future they want. No interest tax, no dividends tax, no capital gains tax – and no exit penalties. Imagine the benefits if each person in your family could enjoy the savings from their tax-free investment one day.
Opening a tax-free savings account for a child will help them:
Start enjoying the rewards of tax-free investing today
If you’re an existing client, speak to your wealth manager about how a tax-free investment can fit into your investment portfolio, or if you need help investing on our app.
If you aren’t a client yet but want to find out how we can help you invest tax-free, contact us on 0860 111 263 or at email@example.com, or fill in a contact form.
Watch this video for more details.
* Based on an assumption of a R2 750 monthly contribution in a low equity balanced fund with a 20-year investment horizon
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