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50% medical aid subs paid by company

Posted 10 July 2014 under Tax Q&A


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If the company deducts 50% of my medical aid premium from my salary and they pay they other 50%- however they reflect this as perks tax on my salary slip- should I reflect this on my ITR12 or should I only reflect the 50% which is deducted monthly and also is reflected on my IRP5/ITR12

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TaxTim TaxTim says:
10 July 2014 at 18:48

It will already be reflected on your IRP5, you will see this on the source code 4005 which is the 100% and the source codes 4474 and 3810 the 50% your employer pays.


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