Insights categories - Personal investing
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Personal investing

Invest for your child’s future today with a tax-free investment account

For most parents looking to make a long-term investment on behalf of their minor children, a tax-free investment account is an option worth investigating. While you invest with after-tax money, there is no tax on interest and income and no capital gains tax is deducted when the investment is withdrawn. But note the maximum investment limits of R30 000 per year and R500 000 over your lifetime.

To learn more about the tax implications of investing for your child watch this 2min video.

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