The South African Revenue Service (SARS) have put several tax incentives in place to encourage us to save more for our retirement and other long-term goals. As the end of the tax year is approaching, now is a good time to maximise the available tax benefits.
2020 Contribution Adjustments: Medshield Medical Scheme – Premium Plus – 12.5% increase.
To recap, we can honestly say that 2019 was an extraordinarily good year for Bonitas. Not only did we meet the target of 46 000 new members, but exceeded it and reached a remarkable figure of 50 680.