My medical aid is only deducted after PAYE. (i.e. Income - PAYE) = x less medical aid
By Marc Sevitz · Updated
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.
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.
Please read our blog on Medical Tax Credits to understand the changes further.
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.