|
Priya says: 18 November 2015 at 13:43 My company pays my medical aid which is reflected on my IRP5 under code 4005. I have 4 dependants on their own medical aid. I pay the contributions from my bank account. Do I add these contribution amounts to my other medical expenses for same dependants also paid out of my bank account and reflect it under code 4020? Plus do I state the number of dependants including myself as 5/month? I am never sure how to complete this each year. Thank you |
|
TaxTim says: 18 November 2015 at 19:04 You would complete 5 dependents and then add the amount to the section asking for medical aid contributions which would only include the amount you pay for them - this would be source code 4040. The 4005 amount you would leave out as this is taken care of via your IRP5. Register for TaxTim and let us assist you in completing and filing your tax return with SARS. |
|
|
Priya says: 19 November 2015 at 15:54 Thank you very much for the quick response and the details. I submitted my return today :) |
|
|
TaxTim says: 19 November 2015 at 16:08 Only a pleasure! |
Do Your Tax Return Easily