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Tax-Free Savings Account (TFSA) Calculator

Project your TFSA growth and compare it against an equivalent taxable account — see exactly how much tax you save.

Your Details

Annual Contribution (ZAR) max R36,000/yr

Investment Term — 10yrs

1yr40yrs

Expected Annual Return

Enter as decimal — e.g. 0.085 for 8.5%

Age — 30

Interest exemption on taxable account: R23,800/yr

Marginal Tax Rate (for taxable comparison)

Enter your details and click Calculate

Results show your TFSA value vs an equivalent taxable account, plus your total tax saving.

TFSA rules: Annual limit R36,000 | Lifetime limit R500,000 | Exceeding either limit attracts a 40% SARS penalty on the excess. All returns (interest, dividends, capital gains) are completely tax-free inside a TFSA.

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