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


Company subsizes half of main members contribution only and does not subsidize dependents?

Posted 18 July 2014

What are the Tax implications if an Employer pays more for a members medical aid contribution?

TaxTim TaxTim says:
18 July 2014 at 12:18

Either way you are taxed on whatever the employer is paying as it is considered income for you. You will still be entitled to the ultimate tax credit on all the members regardless of how much the employer "pays" for.

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




Submit your tax return right here!
Get started

 Do Your Tax Return Easily
 Avoid penalties
 Maximise your refund
Answer simple questions about your incomes and expenses. TaxTim does the rest. Just click click, submit.

Make tax easy

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.