Tax Credits - Processing

There are a number of credits that are made available to employees by the Ministry of Finance.  

Blind, Disabled and Elderly Tax Credits

Elderly Credit - amount gazetted.

Blind Credit - amount gazetted.

Disability Credit - amount gazetted.

The Blind and Disability credits are activated when the appropriate boxes are ticked in the employee's Employee Master record.   The elderly credit comes through automatically based on the date of birth entered into the employee master record for the employee.  For more information access the heading 'Blind, Disabled and Elderly Tax Credit' under this link and open the sub-menus of interest.

Medical Credit

Medical Credit - 50% of the value spent.  The medical credits are given when the value of applicable Medical Expenses is processed.

See this link for more information on how to update and process Credit amounts.