💸Maxing Your 2025 Tax Benefits

Dear Valued Investor,

As we approach the end of the tax year, we want to remind you of the significant tax benefits available to you. Herewith the low hanging fruits:

Tax Free Savings Account (TFSA)

• Enjoy zero interest, dividend, or capital gains tax.

• Maximum annual contribution: R36,000.

• Learn more in our blog.

Retirement Annuity (RA)

• Benefit from zero interest, dividend, or capital gains tax (same as TFSA)

• Receive a tax rebate from SARS based on your marginal income tax rate. For example, if you are in the 25% income tax bracket and contribute R100,000, you could receive a rebate of R25,000.

If you have any questions or need assistance in optimizing these tax-efficient vehicles, please feel free to reach out.

Best regards,

Paul & Ingrid