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Oarabile says: 15 April 2016 at 13:41 Kindly advise if I have a medical aid and it is paid from my salary by my employer, whether the employer subsidy can be added with the medical tax credits under code 4116? |
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TaxTim says: 15 April 2016 at 14:46 The tax credit code is only for the actual credit, the amount they pay for you will be included under income and actually increase the amount you are taxed on. |
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Oarabile says: 16 April 2016 at 10:48 So you are saying that it is correct to add the code 3810 amount to the 4116 code? |
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TaxTim says: 18 April 2016 at 12:24 No the 4116 code is only for the actual credit per month. The 3810 amount stays as 3810 under income and then 4005 and 4474 under the deductions side. |
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