What is the impact of the tax credit in a case where the employer pays 50% of the monthly medical co
By Marc Sevitz · Updated
What is the impact of the tax credit in a case where the employer pays 50% of the monthly medical contribution and the employee pays 50% of the medical aid contribution?
The tax credit remains the same even if the employer pays for half your medical aid. You are taxed on the 50% portion they pay as a fringe benefit.