Medical aid and PAYE
ID:18CVMEDP
Video Overview
When working with payroll, many fringe benefits may be included in employees’ remuneration packages. A contribution or an allowance towards an employee’s medical aid may be one of these. Some companies may even require that an employee be a member of a medical aid scheme, unless they are already registered as a dependant on their spouse’s medical aid scheme. Therefore knowledge of this subject is important when working with employees’ taxable income. This tutorial looks at this very topic – Medical Aid and PAYE.
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