How do I get an EasyEquities tax-free savings account?
As an EasyEquities client, we automatically provide you with a tax-free savings account when you register with us. To use it, all you need to do is sele...
Wed, 16 May, 2018 at 11:28 AM
Did the tax-free savings account cost me anything?
No, we give you the tax-free savings account free of charge.
Mon, 28 Jan, 2019 at 12:37 PM
What are the benefits of a tax-free savings account?
As the goals of the TFSA resonate with what EasyEquities stands for, we quickly launched our own EasyEquities TFSA product that offers the following key ben...
Mon, 28 Jan, 2019 at 12:37 PM
What is a tax-free savings account (TFSA)?
The tax-free savings account (TFSA) is an investment vehicle introduced by the South African Government on 2 March 2015. The primary goal of the TFSA is to ...
Mon, 28 Jan, 2019 at 12:37 PM
How much can I deposit in a tax-free savings account? What are my limits?
National Treasury has put limits on the amount you can save in a tax-free savings account. Annual Limit - R33 000 per tax year An individual can invest...
Mon, 28 Jan, 2019 at 12:37 PM
What do you mean by limits on an individual basis?
Individuals investing in approved tax-free savings accounts are exempt from tax on those approved accounts. This tax exemption is based on individual ...
Mon, 28 Jan, 2019 at 12:38 PM
What control do I have over my TFSA account?
A great degree. You choose when to deposit or withdraw money from your tax-free savings accounts. There is no minimum amount that needs to be in...
Mon, 28 Jan, 2019 at 12:38 PM
Do I have to keep my money invested in my TFSA account for a specific amount of time?
No, there is no specified amount of time for which you are required to be invested. It is your choice as to how long you hold your shares, when t...
Mon, 28 Jan, 2019 at 12:38 PM
If I don’t invest up to the R33 000 annual TFSA limit per tax-year does the limit rollover?
No, unfortunately not. There is no rollover with limits By way of example - if you contributed only R10 000 in year 1, you cannot contribute R56 000 in ...
Wed, 26 Apr, 2017 at 4:12 PM
Are there limits to the amount of dividends I receive in my TFSA account?
There are no limits on the dividends you could earn from investing in the Exchange Traded Funds (ETFs) available to you in the TFSA account on our EasyEquit...
Mon, 28 Jan, 2019 at 12:38 PM