How to maximise tax benefits before the end of February

In the spirit of tax season, Carla Rossouw, tax lead at Allan Gray, discusses how investors can make their money work harder using tax breaks. This is always important, but even more so given the past two pandemic years. With the pressure of increasing fuel prices, inflation and the cost of living, every rand put away for one’s future self counts.

Tax efficiency is a key aspect of a healthy financial plan, yet many investors fail to take tax into account when looking at how they can maximise their future investment returns.

By considering the tax implications of your financial decisions and incorporating retirement funds and tax-free investments into your long-term investment strategies, you can improve your chances of retiring comfortably and increase the amount of financial flexibility you have before and at the point of retirement.

Read full article on:  https://www.allangray.co.za/latest-insights/personal-investing/how-to-maximise-tax-benefits-before-the-end-of-february

February 21 2022 By Carla Rossouw - Allan Gray