The best things in life are free and thanks to our National Treasury we can now enjoy tax free savings and investing through a tax free savings account.
The OUTvest Tax Free Plan is an awesome way to grow and access your money free from tax.
It is simple. Go online and tell us about yourself and what you want to save for and we will advise you whether doing so tax free is right for you.
Before you start your OUTvest Tax Free Plan there are a few important points to note: You cannot add more than R 33 000 in a tax year (from March to February) to all your tax free saving accounts, even with different providers. In addition, you cannot add more than R 500 000 over your lifetime, across all your Tax Free Savings Accounts even with different providers. If you do, there could be penalties.