Investing in a Tax-Free Savings Accounts: Terence Tobin

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Making Investment Decisions can be easy while many people do not have a crystal ball to predict the future. As a result, some south Africans get scammed from time to time because they did not know where to invest and with who. Back in 2015, National Treasury launched Tax-Free Savings Accounts after consultation with the public and professional bodies. The amended sections of the Income Tax Act of 1962 allow for these types of products. Terence Tobin is Independent Financial Planner.

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