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Lebs says: 12 October 2015 at 11:31 My company insist that their calculations are correct. They only deduct my medical aid contribution after PAYE. As a result instead of my deduction being R10 000 to R11 000 odd I end up with at least R15000 plus deductions. Then they are adamant that when I do my tax returns I should get all that is due to me which is not true. |
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TaxTim says: 12 October 2015 at 16:16 Yes, Medical Aid is no longer a deduction from income but rather a credit off the tax payable. Please read our blog on Medical Tax Credits to understand the changes further. |
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TaxTim says: 12 October 2015 at 16:18 Please also make use of our Medical Tax Credits Calculator to work out the tax credit you will receive as a result of contributing to a medical aid. |
