Print Page   |   Report Abuse
2015 SARS Webinar: 15:00pm - 17:00pm session: Tax Free savings account
Tell a Friend About This EventTell a Friend

When: 22 April 2015
15h00 pm until 17h00 pm
Where: Webinar online session
Presented live from
South Africa
Contact: Silvia Motaung

Online registration is closed.
« Go to Upcoming Event List  


Section 12T of the Income Tax Act, introducing the tax free savings account came into effect on the 1st of March 2015. The tax free savings account allows for yearly contributions of up to R30 000 and has a lifetime contribution threshold of R500 000. All receipts and accruals received from the account is exempt from tax and any capital gain or capital loss in respect of the disposal of a tax free investment shall be disregarded.

To this effect the following banks have already made available exciting tax free savings account products:

  • Nedbank;
  • FNB;
  • Standard Bank;
  • Investec; and
  • Old Mutual
A high uptake of this initiative is predicted, hence the importance that you as a tax professional become familiar with the requirements of the tax free savings account.


Please note that the same content will be covered in two separate sessions

Click here for the 1st session: 12:30 untill 14:30

Click here for the 2nd session: 15:00 until 17:00


Webinar Participation & Completion of the Online Assessment will secure 2 hours Verifiable Output CPD.


Presenter: SARS

Event Investment:

Free for SARS registered tax practitioners and SAIT members.


Section 240A of the Tax Administration Act, 2011 (as amended) requires that all tax practitioners register with a recognized controlling body before 1 July 2013. It is a criminal offense to not register with both a recognized controlling body and SARS.


The Act requires that a minimum academic and practical requirments be set to register with a controlling body. Click here for the minimum requirements of SAIT.

Membership Management Software Powered by®  ::  Legal