Psira Login with OTP. Cell No*. +27. SEND OTP. Login with Password | Forgot Password? © Copyrights 2024 PSiRA
Step-1 : Go to the link https://digitalservices.psira.co.za/login-otp
Step-2 : Enter Your Phone Number
Step-3 : Click On send OTP
Important Notice to Businesses and Training Centres:
Please make a direct bookings with our Regional Offices. Contact details can be found on PSIRA Website under Contacts.
The primary objective of the Authority is to regulate the private security industry and to exercise effective control over the practice of the occupation of security.
How to Login to your Psira Security Profile Online: To login to your Psira profile you have to go to the main website and choose login to Psira profile. Once you choose this option you will be redirected to another page where you will be asked for your username and password.
You can only login once you have this information, if you dont have this then you have to claim it by going back to the main website, choosing claim profile, enter your ID number and phone number and confirm the OTP number sent via sms. Once you are done you will receive an SMS with your username and the password you set and thus what you will use in logging into the profile.
If you have forgotten your login details such as your password, you can choose forgotten password and you will be taken to a different page where you will be required to enter your ID card Number and your Phone number. After a few minutes, your username and password will be sent to you and you will be able to login.
Frequently asked questions: Who is eligible to register on the online system? Security Businesses, Inhouse Businesses, Training Centres, existing and new security officers, incl. training instructors.
Do I need to register on the online system even if I have renewed my certificate in the past three months? Yes, it is essential that all security officers claim and create their online profile on the new PSiRA online platform.
When should I register on the online system? Anytime when the online platform is officially launched, registered Security Officers will receive an sms to inform on the procedure and claiming of your profile. Can I access the online system on the PSiRA website when it goes live? Yes, the online portal will be available on the PSiRA website www.psira.co.za. Why is it essential for me to record my details on the online system? All future transactions will be processed via the online portal and all important correspondence between you and the Regulator will be done via this portal.
Are there any documents I need to upload when I access the online portal? Yes, to ensure that all relevant information is stored in one place the platform will require certain documents, the platform will guide you through this process. As a new entrant into the security industry, is it a requirement to take fingerprints in order to register online? Yes, currently ink fingerprints are used, but soon this will be substituted by digital fingerprints and the Authority will no longer rely on manual ink based fingerprints only
Tax and Insurance in South Africa: What You Need to Know in 2025
In South Africa, understanding the relationship between tax and insurance is essential for protecting your financial future and making the most of available tax benefits. Whether you're an individual, a freelancer, or a business owner, the smart use of insurance can help you reduce your tax liability and safeguard your assets.
Why Insurance Matters for Tax in South Africa
Insurance is more than just a safety net—it can also have a direct impact on your tax situation. From medical insurance to business insurance, certain premiums and policies may qualify for deductions or influence how you declare your income and expenses to SARS (the South African Revenue Service).
- Tax Deductions: Certain insurance premiums, especially related to medical schemes and business cover, may offer tax advantages.
- Asset Protection: Insurance helps manage risk, ensuring you’re financially secure when unexpected events occur.
- Estate Planning: Life insurance can play a key role in reducing estate duty and ensuring a smooth transfer of wealth.
Types of Insurance and Their Tax Implications
1. Medical Insurance (Medical Schemes)
If you're contributing to a registered medical aid, you're entitled to a Medical Scheme Fees Tax Credit (MTC). This credit is a fixed amount per month for you and your dependents and reduces your overall tax liability.
2. Life Insurance
While life insurance pay-outs (on death) are generally not subject to income tax, they can be considered when calculating estate duty. Policies structured under a trust or with specific beneficiaries may help reduce the overall tax burden on your estate.
3. Short-Term Insurance (Vehicle, Home, Contents)
Personal short-term insurance is not tax-deductible for individuals. However, if you use part of your home or vehicle for business, the portion of insurance premiums related to business use may be claimed as a business expense.
4. Business Insurance
For companies and self-employed individuals, business insurance premiums—such as professional indemnity, commercial property cover, or key person insurance—are usually tax-deductible as operating expenses.
5. Disability and Income Protection Insurance
The tax treatment of disability insurance changed in recent years. Payouts from income protection insurance are now generally taxed as income, but premiums are not tax-deductible. Understanding this shift is important when planning your cover.
Tax Tips to Maximise Your Insurance Benefits
- Keep Detailed Records: Always keep documentation of insurance premiums, especially those linked to business or medical expenses.
- Consult a Tax Practitioner: SARS regulations around insurance and tax can be complex. A registered tax advisor can help ensure you claim all available deductions correctly.
- Review Policies Annually: Update your insurance portfolio regularly to ensure your cover aligns with your income, expenses, and current tax laws.
- Use Structuring Wisely: For high-net-worth individuals, structuring life insurance policies within a trust can reduce estate duty exposure.
Frequently Asked Questions: Tax and Insurance in South Africa
Q: Can I deduct life insurance premiums from my South African taxes?
A: No, life insurance premiums are generally not deductible. However, they may play a key role in estate planning.
Q: Are medical aid contributions tax-deductible?
A: Not exactly. Instead, you receive a Medical Tax Credit—a fixed monthly rebate that reduces your tax payable.
Q: Can I claim car insurance as a tax deduction?
A: Only if the vehicle is used for business purposes. You can claim the business-use portion of your vehicle insurance.
Q: Is business insurance tax-deductible in South Africa?
A: Yes. Business insurance premiums related to company operations are generally tax-deductible.
Final Thoughts
In South Africa, insurance isn't just about protection—it's a strategic tool for managing your tax liability, preserving wealth, and supporting long-term financial stability. Whether you’re reviewing your medical insurance, planning your estate, or choosing the right business insurance, it’s essential to understand how these choices affect your tax outcomes.
With the right advice and a well-structured insurance portfolio, you can reduce your tax bill while ensuring comprehensive protection for yourself, your family, or your business.