Tax Credits are amounts that are deducted from Tax Payable.
The income for the year, net of allowable deductions, is put against the tax tables and the Tax Payable for the year is calculated. The credits are then offset against this amount and divided by the number of periods to determine the amount to be deducted for the current period.
Blind or Disability
Employees can receive either the Blind or Disabled Credit, not both
Elderly Credit
The elderly credit is applied to those employees who turned 55 prior to the commencement of the current tax year. See FAQ topic Tax Credits - Elderly
Medical Expense Credit
The Medical Expenses Credit may be claimed on payments for invalid appliances, consultation fees, prescription drugs, and medicines. These amounts need to be processed into the payroll. **Processing Medical Expenses**
Non-residents
Non-residents can claim for medical aid contributions but not Medical Expenses.
For more information see: Credits
Was this article helpful?
That’s Great!
Thank you for your feedback
Sorry! We couldn't be helpful
Thank you for your feedback
Feedback sent
We appreciate your effort and will try to fix the article