2020 was quite a year. You deserve a (tax) break - it’s the gift that keeps on giving! With the end of the tax season approaching, we’ve shared information to help you, as a valued PPS member, to maximise the tax benefits at your disposal before 28 February 2021.
DID YOU KNOW?
- The pay out from your PPS Profit-Share Account will be tax-free in your hands, as it is taxed within the policy, when vesting.
- Proceeds from your long-term insurance policies, such as sickness, disability, critical illness and life cover, will be tax-free – whether it’s paid to you, your spouse or nominated beneficiary.
- Medical aid contributions are an important element on your tax return, and our team at Profmed Medical Aid, reminds you to include this. Visit https://www.pps.co.za/insure/medical-aid for more.
Watch the video here
Maximise your tax benefits
Contact your PPS accredited financial adviser for help with maximising your tax benefits on PPS products, or contact PPS Member Services on 0860 123 777 or email memberservices@pps.co.za.
Visit www.pps.co.za for more information.
Test: The next step is to call us or we can call you.
0860 123 777
Join PPS
PPS offers tailor-made insurance, investment and healthcare solutions exclusively for graduate professionals with an honours level*/equivalent or higher qualification, from a public institution or certain listed private institutions.
*Honours level equivalent qualification includes certain BTechs, 3 year undergraduate degrees or diplomas plus a postgraduate qualification or professional designation.
