Tax Free Savings
Let Us Help You Grow Your Money
Tax-Free with the Hayrick TFSA
Your money deserves to work harder — tax-free.
The Hayrick TFSA offers growth through equities and ETFs, giving you the edge over inflation.
How Tax-Free Savings Accounts Work
4A Tax-Free Savings Account (TFSA) lets you save without paying tax on your gains. You can invest R46,000 each tax year, up to a lifetime total of R500,000. Your profits from capital gains, dividends, and interest stay tax-free. Unlike retirement funds, you can withdraw from a TFSA anytime without penalties. SARS sets the rules, and exceeding limits triggers a 40% tax on the extra amount.
Why Equities Beat Cash Long-Term
Equities and ETFs grow faster than cash or bonds over time. Cash has historically earned 4-5% yearly but inflation often hits 6%, shrinking the real value of your investments. Bonds might return 7-8%, yet equities have averaged 10-12% annually on the JSE over decades. ETFs track indices like the JSE All Share and the S&P500, spreading risk across companies. Why settle for less when equities build more?
Why Low Costs Matter
High fees eat your returns. The Hayrick TFSA keeps costs low with a small platform fee and brokerage charge. Every rand counts—keep more of it working for you.
FAQs and Answers
- Cratos Asset Management offers this TFSA. You invest in ETFs through Hayrick for tax-free growth.
Any South African resident, following the R36,000 yearly and R500,000 lifetime caps.
You can put in R46,000 per tax year, from March 1 to February 28 or 29.
You get R500,000 total across all TFSAs you hold.
SARS taxes the excess at 40%. Stick to the rules.
Yes, you can withdraw anytime, tax-free, however it is not advisable unless unavoidable, as withdrawn amounts don’t reset your limits.
ETFs are funds traded on exchanges. They follow indices like the JSE Top 40 or the S&P500 for broad growth.
You pick and manage ETFs from an approved list. You call the shots.
Cratos teams up with Hayrick. You get a simple, low-cost way to invest in equities in a TFSA.
A Nominee holds your assets in your name. Market ups and downs still apply.
You cover a platform fee and brokerage fee. ETF fees apply too.
Yes, change anytime.
On your computer or phone. See statements and track gains.
Hayrick tells you to sell. If you don’t, they sell it at market price.
Ask for new ones. Hayrick will however have to make sure that the ETF is TFSA compliant.
Monthly debit orders start at R300, max R3,833.33. Ad hoc has no minimum, just caps.
Your lifetime total stays used up. Withdrawals don’t free up space.
Your lifetime total stays used up. Withdrawals don’t free up space.
Go to cratosam.co.za, invest@cratosam.co.za or call 011 778 1160.
Ready to start? Contact Cratos Asset Management at cratosam.co.za. Build your wealth tax-free now.
Start Your Tax-Free Journey Today
Want to grow your savings the smart way? With the Hayrick TFSA, you can invest tax-free, with expert guidance and low fees. Complete the form and we’ll help you get started.