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Does medical aid reduce your tax refund?

Posted 21 July 2015 under Tax Questions

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TMAN says:
21 July 2015 at 12:05

Since medical aid now reduces the monthly taxable amount on your salary, does this mean it will not increase your refund amount when you submit tax returns?

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TaxTimTaxTim says:
21 July 2015 at 15:33

This is correct, the amount would already have been taken into account when calculating your PAYE.


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