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What is the impact of the tax credit in a case where the employer pays 50% of the monthly medical co

Posted 24 May 2015 under Tax Questions


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Tato says:
19 May 2015 at 6:57

What is the impact of the tax credit in a case where the employer pays 50% of the monthly medical contribution and the employee pays 50% of the medical aid contribution?

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

TaxTimTaxTim says:
20 May 2015 at 11:31

The tax credit remains the same even if the employer pays for half your medical aid. You are taxed on the 50% portion they pay as a fringe benefit.


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