PPS Investments launches a tax-free investment account for graduate professionals

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PPS Investments has launched the PPS Tax Free Investment Account for graduate professionals, a long-term savings vehicle with significant tax benefits. You may contribute up to a maximum of R30 000 per tax year and R500 000 over your lifetime without paying tax on dividends, on interest income, on withdrawals or switches. The tax benefits will allow your investment to grow tax free, and all proceeds will be tax free in your hands. All contributions will be invested in a selected range of underlying unit trusts best suited to your investment needs.

For additional information, and to apply and take advantage of the tax-free compound interest for this tax year, please click here. 

If you are also interested in applying for the PPS Tax Free Investment Account for your spouse or child who is not eligible for PPS Membership, click here. Furthermore, by linking their product to yours, you receive an additional proportionate share of the profit allocation from PPS Investments.

Click here for the linking application form, which also provides further information. 

If you have any queries, contact your PPS Investments accredited adviser. The PPS Investments Client Service Centre is also available from 08:00 to 17:00, Mondays to Fridays at [email protected] or 0860 468 777 (0860 INV PPS). International calls may be directed to +27 21 680 2291. If you would like online access to your investment portfolio at any time, remember to register on our Secure Online Services portal at www.ppsinvestments.co.za to manage your investments, transact and view statements.