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TaxTim says: 3 February 2015 at 7:00 You will be entitled to a tax credit against the taxes owing each year. Currently this stands at R257 per member for the first two members per month. |
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CJ says: 3 February 2015 at 7:40 thank you, if medical aid is deducted by my employer, then how much tax relief do I get? |
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TaxTim says: 3 February 2015 at 7:46 You would still get the same relief as the tax credit is the same regardless of who pays it, the difference is you will receive this relief via a reduction in PAYE which means slightly more money in your account each month. |
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