Tax-Free Savings Accounts

In-house course

1.00
Attendance at this seminar will secure 1 hour/s verifiable CPD points including other professional bodies (SAICA, SAIBA, SAIT, SAIPA , ACCA, IACSA & IRBA).
TRISTAN DAVID-CREWE WHITE   tristan@probetatraining.co.za

Why pay tax on your investment growth when you could be growing your money tax-free?

The goal of Tax-Free Savings Accounts also known as ‘TFSAs’ under section 12T of the Income Tax Act is to encourage you to save your hard earned money. This money is then safeguarded from income tax. A win-win for you.

Let’s kickstart your journey on understanding tax-free savings accounts, so you can start saving today!

A practical discussion will be held to answer all of the following questions:

  • What types of investments qualify as section 12T tax free savings accounts
  • Who qualifies for these tax-free investments, businesses, individuals or both
  • How much tax could you be saving
  • How to open up such account and how accessible is the money
  • What investment amount limits are applicable
  • How to correctly declare it in your tax return to ensure tax-free.

  • ​​Financial managers 
  • ​Auditors 
  • ​Bookkeepers 
  • ​Financial accountants 
  • ​​Audit managers 
  • Audit partners 
  • ​Engagement Quality Control Reviewers