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.
CJsays: 3 February 2015 at 7:40
thank you, if medical aid is deducted by my employer, then how much tax relief do I get?
TaxTimsays: 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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