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IT’S ONE of the most tax-friendly investments available to South Africans as you don’t pay income tax, dividends tax or capital gains tax on returns from tax-free savings accounts (TFSAs). Still, there are many misconceptions about this savings vehicle. Here’s what you need to know.
MYTH
IT’S ONLY FOR PEOPLE WHO EARN A LOT
TFSAs are available no matter your income. There are many TFSA
