Tax-free Savings Account

Should I let SARS know that I have a TFSA?

Even though no tax is payable on earnings within a TFSA, South African tax residents are obliged to disclose information about their investments to Sars when submitting annual tax returns. This includes certificates issued for income within a TFSA.

You will need to submit the IT3(s) statements provided by 10X Investments (or other providers) to SARS when requested. You can download your tax statement from our member portal, My10X. 10X will also submit the information to SARS electronically.

10X Index Fund Managers (RF) Pty Ltd is a Manager registered under the Collective Investment Schemes Control Act.

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