Tax free savings account calculator
Discover the potential growth of your tax-free savings with our calculator, factoring in your initial investment, contributions throughout the tax year, and the impact of growth over time to provide you with an estimated end value.
If using an interest-bearing investment the current rate is approximately 8% per annum. This will differ depending on the underlying investment of your TFSA and is purely used as a guideline.
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As the current tax year draws to a close, it’s crucial to evaluate and adjust your financial portfolio for maximum tax efficiency. With the right investment structuring strategies, you can significantly reduce your tax liabilities and enhance your wealth.