Alline Gardin

Tax-free savings are designed to reduce South Africans’ tax liability while allowing them to save for their non-retirement goals.

It also provides flexibility as you do not have to commit to making future contributions and you can withdraw funds anytime you choose, but it’s not advisable to do so as this will have an impact on your lifetime tax-free savings limit.

Once an amount is withdrawn, that amount will be deducted from your lifetime contribution limit.

If you have been considering installing solar panels for your home or business, there has never been a better time than right now.

Investing in solar energy is an option that will offer long-term benefits, not only will you save money & reduce your carbon footprint but it comes with new tax incentives too.