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Why does tax credits such as UIF and SDL not form part of the total tax credit total in you calulati
Posted 12 November 2013
Why does tax credits such as UIF and SDL not form part of the total tax credit total in you calulation sheet/ for example it shows that my total credits including PAYE, UIF & SDL is R 144K, however on the calculation sheet it only pulls R 134K which is the PAYE only?
TaxTimsays: 12 November 2013 at 22:47
UIF and SDL are not taxes, but contributions towards other funds such as in the event of job loss. Therefore they do not reduce the tax payable.