FAQ Blog Calculators Students Logbook Contact
Do your Tax with TaxTim and WIN R10,000  More info   T&C's apply


Do medical aid contributions attracts perk tax?

Posted 22 November 2013

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?

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.

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




Do your Tax Return in 20 minutes or less!

TaxTim will help you:

 Do Your Tax Return Easily
 Avoid penalties
 Maximise your refund
Tim uses your answers to complete your income tax return instantly and professionally, with everything filled in in the right place.

Let Tim submit your tax return direct to SARS in just a few clicks!

Get started

Blog Categories


Ask TaxTim

Got a question you want answered about tax?

Visit our helpdesk →

Get SARS Tax Deadlines in your Inbox
We'll tell you when you need to file, along with tax tips and updates.