NEW TAX FREE AMOUNT R36 000


The annual cap on contributions to tax-free investments has been increased from R33 000 to

R36 000 from 1 March 2020 with the lifetime limit remaining at R500 000.

Refer to link for more information from the 2020 Budget speech as summarised by Allan Gray.

https://www.allangray.co.za/latest-insights/personal-investing/2020-budget-speech-update/

Contact us below:

Phone: 011 803 9686

Email: viv@pbafsa.co.za

https://www.pbafsa.co.za/

https://www.pbafsa.co.za/contact-us

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