This applies to all PaySpace editions. The warning message "There are no year-to-date values for medical aid (4005) or medical aid tax credits (4116), but there are previous values for 'Entitled Medical Tax Credits'. Please adjust the entitled tax ...
This feature is available on all PaySpace editions. To process a Medical Tax Credit Adjustment component on an employee's Edit Payslip screen, it needs to be created on company level first. Step 1: Create the component on company level Navigate > ...
This feature is available on all PaySpace editions. The medical tax credit on an employee's record is calculated according to the SARS Medical Aid Tax Credit Rates An employee's Year to Date Medical Aid Rebate will display on the Tax Breakdown screen ...
This feature is available on all PaySpace editions Step 1 : Ensure that the medical aid dependant is added on the employee's Dependant screen and that the "is this a medical aid dependant?" checkbox is enabled. Navigate > Employee > Basic Information ...
This feature is available on all PaySpace editions. An employee's Medical Aid can be adjusted to account for prior periods. Navigate > Configuration > Payroll > Payroll Config > Payroll Components Step 1: Search for and add the "Adjust Prior Periods: ...
This feature is available on all PaySpace editions. The Medical Aid Rates tables for the medical aid funds that have been set-up on on the Medical Aid Setup screen are stored and can be viewed on the Medical Aid Schemes tab when editing the Medical ...
This feature is available on all PaySpace editions A variety of Medical Aid Schemes are available to choose from on the Medical Aid Setup screen. Select and configure the relevant scheme according to the company’s requirements. Navigate > Config > ...