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What does code 3801 and 3810 on irp5 stand for? If fringe benefits why wont they appear on payslip?

Posted 28 October 2015 under Tax Questions



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Sheila says:
27 October 2015 at 14:44

I am currently completing my 2 daughters, my son in law, my husband and my tax returns and I am unsure of code 3801 and 3810 on my daughter's tax return. What could these fringe benefits be? I don't see it on her payslips?

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TaxTimTaxTim says:
27 October 2015 at 15:02

Code 3810 is the employer's contribution towards Medical Aid. This is a taxable fringe benefit.
Code 3801 is a code for General Benefits. Does your daughter's employer perhaps contribute to a Income Protection Policy for her?


Sheila says:
27 October 2015 at 15:20

Oh I see, thanks, because they structure her salary as a cash amount and travel allowance on her payslip as well her medical aid, disability, provident,life insurance and ancillary fee but her IRP5 does not show the above on her IRP5?
Confused!
Does this mean that she can claim income protection, disability and life as well as her Medical Aid as she is paying this 100% from her salary package?


TaxTimTaxTim says:
28 October 2015 at 17:19

You need to complete the Medical Section of the Tax Return and include details from the Medical Aid Tax certificate.
The Tax Return specifically asks for contributions made which are not reflected on the IRP5.

You need to answer "yes" to the question do you make income protection contributions and then these must be inserted next to source code 4018. Please note, from 1 March 2015 (i.e. for the 2016 Tax Return) this will no longer be allowed as a deduction.

Disability and Life Insurance is not deductible.


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