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Do medical aid contributions attracts perk tax?

Posted 22 November 2013 under Tax Q&A


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My cost to company is R25 000 and deducted from this is my medical of 3000.00, which the company pays over on my behalf and company does not contribute towards it - is this 3000.00 taxed as a perk tax?

This entry was posted in Tax Q&A and tagged , . Bookmark the permalink.

TaxTim TaxTim says:
22 November 2013 at 11:07

You will be taxed on the full R25 000, if the company does not contribute, but just sends it on your behalf then there is no fringe benefit.


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