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Tailored for investment professionals this site provides information on our products, strategies and services. Please remember capital is at risk and past performance is not a guide to the future.

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What is a Tax-Free Savings Account?

It’s a new way to save without incurring any tax at all, meaning more of your money is available to benefit from the power of compounding. It’s the ideal way to save for the medium to long term, especially for those in higher income tax brackets.


Tax Free

Fully Flexible

Invest Now

Pay no tax on your
dividends, interest or capital
You can start, stop
or withdraw at any time
One simple application form
Contact an advisor



How does it work?

You can save up to R30 000 per tax year (up to a maximum of R500 000 over your lifetime).

  • Remember that this applies across all your tax-free savings accounts, so if you have more than one, be sure not to exceed the limits, because excess contributions will be taxed at 40%.
  • The annual limit does not roll over, and resets to R30 000 at the beginning of each tax year.

  • You have full access to your money at any time, without penalties or tax
  • However, you may not deposit more than your annual limit, so be sure not to withdraw unnecessarily, as you will not be able to top back up again.


What are my investment options?


The Power of Compounding

Paying no tax on your investment can make a substantial difference over time, as illustrated in the chart below.




Investec Asset Management (Pty) Ltd  and  Investec Investment Management Services (Pty) Ltd (IMS) are fellow subsidiaries. Investec Conflict of Interest Policy is available on request. Collective investment schemes (‘CIS’) are generally medium to long term investments. Past performance is not a guide to the future. All information provided is product related, and is not intended to address the circumstances of any Financial Service Provider’s (FSP) clients. In terms of the Financial Advisory and Intermediary Services Act, FSPs should not provide advice to investors without appropriate risk analysis and after a thorough examination of a particular client’s financial situation. Investec  Asset Management  is an authorised Financial Services Provider. This is the copyright of Investec and its contents may not be re-used without Investec’s prior permission.