Hide
Earn under R350,000? Click here to see why you still need to file to get your Tax Refund.
CLOSE
Get Tax Deadline Reminders, News and Tips
 

We'll tell you when you need to file, along with tax tips and updates.
Try Tim Now

What code to use when the Employer pays 100% of the Medical Aid contribution?

Posted 9 April 2013 under Tax Questions



Blog Categories


Ask TaxTim

Got a question you want answered about tax?

Visit our helpdesk →
I have an employee where the company pays 100% of their medical aid contribution. when submitting the ITA3/IRP5 form to sars how is this captured? I cannot use the code 4474 without a corresponding amount in code 3810?

This entry was posted in Tax Questions and tagged , . Bookmark the permalink.

TaxTimTaxTim says:
9 April 2013 at 15:54

The code 3810 is the corresponding code used for the employer's portion of the medical aid contribution which you would use and complete with the 100%. The employee is taxed on this a fringe benefit.


Get Tax Deadline Reminders, News and Tips
 

We'll tell you when you need to file, along with tax tips and updates.

Blog Categories


Ask TaxTim

Got a question you want answered about tax?

Visit our helpdesk →