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Retirement annuities (RAs) and tax-free investments (TFIs) offer attractive tax-saving benefits. If you make use of these benefits before the end of the tax year, you could get back some of the tax you’ve paid to SARS when you file your tax return, and therefore get more from your investment over time.

Don’t delay, make sure you get your Investment in on time

Payments can take 2-3 days to reflect, so you need to make your payment before 28 February. Your payment method determines your deadline:

  • EFT: 26 February 2018

  • Electronic collection: 27 February 2018

  • Cheque deposit: 23 February 2018

If you want to transfer from your unit trust investment to an RA or TFI, you need to do two transactions: withdraw the money from your unit trust investment and then invest it into your RA or TFI. Your deadline depends on your unit trust type:

  • Basic unit trust investment: 26 February 2018

  • Unit trusts via the platform: 22 February 2018

Please note our daily cut-off is 14:00

Compare your options

When deciding how you want to invest, it’s useful to compare the benefits and features of the RA and TFI to see which best suits your needs:

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