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                  Tax Free Investment Account

                  Take the zero-tax route to financial freedom

                  Invest Now
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                  Paying no tax  is a no-brainer.

                  Get a tax-free head start in wealth creation.

                  An excellent way to generate true tax benefits, especially when invested for the long term. You pay zero tax on interest, dividends and capital gains – helping you maximise your long-term savings.

                  Contributions are capped at R36 000 per year
                  (or R500 000 over your lifetime). You can access your money at any time, but just bear in mind that withdrawals will affect the capped lifetime limits.

                  Why choose the glu Tax Free Investment Account?

                  Gain access to some of South Africa’s best professional investment managers and grow your wealth with zero tax on returns, helping you grow long term wealth. With us you can start investing from R350 p/m if you’re under 25.

                  Invest Now

                  Start investing from R350pm

                  Under-25s benefit from low investment minimums.

                  Invest up to R36 000 per tax year

                  Lifetime savings are capped at R500 000 and R36 000 per year across all tax free savings.

                  Pay zero tax

                  Keep more of your returns with zero tax on interest, dividends and capital growth. No capital gains tax is deducted when your investment is withdrawn or switched.

                  Benefits of the glu Tax Free Investment Account

                  • Stay invested as long as you want

                    Complete flexibility with no set investment terms. You decide on your investment period. The longer you stay invested, the larger your potential investment growth and tax saving.

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                  • Ideal for the long term

                    Perfect for building wealth over time, the glu Tax Free Investment Account is ideal for those wanting to grow their investments over the longer term.

                    02
                  • Earn added profit allocation

                    Qualifying glu members have the opportunity to earn additional profit allocation into their glu profit share account based on the size of investments into glu Invest products and PPS Unit Trusts.

                    03
                  • Flexible investing, on your terms

                    You have the freedom to adjust your investment at any time. Increase, decrease or pause your debit order contributions within the prescribed limits and update your Investment Option selection, all without incurring transaction fees.

                    04
                  Asset

                  Take the

                  zero tax

                  route to

                  financial freedom.

                  Invest Now

                  Frequently Asked Questions

                  • A Tax-Free Investment Account lets you invest without paying taxes on interest, dividends, or capital gains. It’s perfect for long-term savings goals like retirement or a child’s education.

                  • You can invest up to R36 000 per year, with a lifetime limit of
R500 000. Start with as little as R500 a month, or R350 per month if you’re under 25.

                  • Yes, you can access investment expertise and a proven performance track record through a selection of PPS Multi-Manager Solutions or third party investment options to suit your goals and risk profile. Whether you’re seeking long-term growth, capital preservation, or a balanced approach, there’s a option designed to meet your needs.

                  • Yes, you can withdraw at any time, tax-free! But keep in mind that withdrawing will impact future growth, and every withdrawal counts against the once-off R500 000 tax-free lifetime limit.

                  • Absolutely. You can have multiple Tax-Free Investment Accounts, but remember, your annual and lifetime contribution limits are shared across all Tax-Free Investment Accounts.

                  • Exceeding the R36 000 annual cap could result in a penalty tax on the excess amount.

                  • The longer, the better. The glu Tax Free Investment Accounts are ideal for long term goals. Tax savings and returns compound over time, helping you get more from your investment.

                  Investment Disclaimer

                  PPS Investments (Pty) Ltd, PPS Multi-Managers (Pty) Ltd, PPS Investment Administrators (Pty) Ltd and PPS Insurance Company Ltd are licensed financial services providers.

                  PPS Management Company (RF) (Pty) Ltd is a licensed collective investment scheme manager.

                  glu Invest is a sub brand of PPS Investments (Pty) Ltd.

                  Full Disclaimer