The Financial Planning Society recently hosted a lunch hour talk, aimed at educating members on the important areas of tax and savings. The theme of the talk was “Personal Income Tax and Tax-free savings”. The guest speaker of the event was Mr Daniel Baines who is currently working at Mazars Port Elizabeth as a Tax Consultant and is an author of “How to get a SARS refund”. He gave some valuable insights on tax deductions and how an individual can set up a tax-free savings account. It was an interactive session where members were able to ask questions relating to the topic. Mr Baines expanded on the tax considerations that business owners must keep in mind once they start earning a certain amount of profit per year.


Well done to the Financial Planning Society Committee for successfully organising the event and a special thanks to the guest speakers. The Financial Planning Society will be hosting another lunch hour talk during September 2018 and a closing function at the end of the semester. Be sure to be a part of it!



ABOVE: Guest Speaker Mr Daniel Baines


ABOVE: Financial Planning Society members participating in the lunchtime talk