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Will my dad be taxed as his income if I pay his gap cover for medical aid?

Posted 20 January 2016

Linky says:
20 January 2016 at 15:07

I want to pay GAP cover for my dad - he is the main member of the scheme and I the payer. Will he be taxed on the premium of the gap cover as income?

TaxTim TaxTim says:
20 January 2016 at 15:39

The payment of the GAP cover should have no tax implications. Even if you transfer the amount to him directly and then he pays it, it could be classified as a donation which would not attract tax in the hands of the recipient.

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