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tax free savings account

Tax return on a laptop screen

Despite The South African Revenue Service (SARS) declaring that they are pleased at the amount of people who have submitted their tax returns, they have decided to extend the tax filing season.

laptop with tax return screen

The South African Revenue Services have called on citizens in the country to submit their income tax returns before the November 23, 2021 deadline. 

Couple celebrating their savings

Everyone wants a savvy solution that will make the most of their money and in this regard, one of the most popular topics is a Tax-Free Savings Account (TFSA). While a TFSA sounds great in principle, according to Oliver Balcomb (CFP®), a Director at the Consolidated Group, it is important to understand the mechanics of this investment vehicle before adding a TFSA to your financial portfolio.

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