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WATCH | What is a tax-free savings account?
It was introduced to encourage a savings culture in South Africa. Although the uptake of this savings vehicle has been relatively good, many still don’t quite grasp how it works.
JOHANNESBURG - For 8 years, South Africans have been able to contribute to a Tax-Free Savings Account.
It was introduced to encourage a savings culture in South Africa.
Although the uptake of this savings vehicle has been relatively good, many still don’t quite grasp how it works.
Personal finance guru Maya Fisher-French has more details in the video above.