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TAX FREE INVESTMENTS - Coggle Diagram

- - - - Any normal tax on any amount received by or accrued to a natural person.
      - Includes income on the investment and any profit on the disposal of the investment.
    - - Any capital gains/losses on disposal of tax free investments.
      - Any interest earned on tax free investments.
      - Dividends tax on any dividends received in terms of tax free investments.
    - - Annual contributions are limited to R36'000 per year of assessment.
      - Lifetime contributions are limited to R500'000
    - - 40% tax on each R1 exceeding the annual contribution limit.
      - 40% tax penalty also applies when the the lifetime contribution limit is exceeded.