FAQ Blog Calculators Students Logbook Contact
Do your Tax with TaxTim and WIN R10,000  More info   T&C's apply


50% medical aid subs paid by company

Posted 10 July 2014

If the company deducts 50% of my medical aid premium from my salary and they pay they other 50%- however they reflect this as perks tax on my salary slip- should I reflect this on my ITR12 or should I only reflect the 50% which is deducted monthly and also is reflected on my IRP5/ITR12

TaxTim TaxTim says:
10 July 2014 at 18:48

It will already be reflected on your IRP5, you will see this on the source code 4005 which is the 100% and the source codes 4474 and 3810 the 50% your employer pays.

This entry was posted in Tax Q&A and tagged , , . Bookmark the permalink.




Submit your tax return right here!

TaxTim will help you:

 Do Your Tax Return Easily
 Avoid penalties
 Maximise your refund
Tim uses your answers to complete your income tax return instantly and professionally, with everything filled in in the right place.

Let Tim submit your tax return direct to SARS in just a few clicks!

Get started

Blog Categories


Ask TaxTim

Got a question you want answered about tax?

Visit our helpdesk →

Get SARS Tax Deadlines in your Inbox
We'll tell you when you need to file, along with tax tips and updates.