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How much tax rebate does an employer get if he's paying 50% of medical aid for his employees?

Posted 27 August 2013 under Tax Q&A


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Say a company has 100 employees and the employer turnover is over R20 million per annum, if employer is planning to contribute 50% in medical aid and retirement fund to his employees, how much of a tax deduction does the employer get?

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TaxTim TaxTim says:
27 August 2013 at 17:49

The employer will get a full deduction for any staff related costs which can be used to offset again the company income.

Nahid says:
27 August 2013 at 18:01

Is it same for retirement benefit, death benefit and disability benefit ?????

TaxTim TaxTim says:
28 August 2013 at 23:41

All employee expenses paid for by the employer if part of their cost to company are deductible for tax purposes.


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