Medical Costs (Other than medical scheme)
A taxable fringe benefit arises where the employer, directly or indirectly, incurred any amount (other than a medical scheme contribution paid to a registered medical scheme) in respect of medical, dental and similar services, hospital services, nursing services or medicines provided to the employee, his/her spouse, child, relative or other dependant.
SimplePay has a built-in function to accommodate the special tax and reporting requirements for this benefit. To add it to a payslip:
- Go to Employees and click on the relevant employee.
- Click on Add next to Payslip Inputs.
- Select Medical Costs (Other than medical scheme) under Benefit.
- Enter the amount and select the type of Beneficiary.
- Click Save.