How do I add a Medical Aid dependant onto an employee's record?
Medical Aid dependants are captured on the payroll, so that the Medical Tax Credits can be deducted from the affected employee's tax calculation, which reduces the amount of normal tax they pay over to SARS.
An employee's dependants can be added to their profile on the Dependants screen. Select the "+ Dependant" button to add a new dependant.
Navigate > Employee > Basic Information > Dependants
How is the Medical Aid Tax Credit calculated on PaySpace?
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 as follows. Navigate > Employee > Payroll ...
How do I ensure that an employees Medical Aid dependants are considered as a dependant on the their deduction?
Ensure that the dependant is added on the employee's Dependant screen & that the "is this a medical aid dependant?" is enabled. Navigate > Employee > Basic Information Dependants The dependant will then be reflected on the Medical Aid component on ...
The Employee Dependants Screen
About The Employee Dependants Screen stores next of kin information as well as medical aid dependants. The list of dependants will reflect on the screen when saved. Tip The Employee Dependants Screen is included in the Add New Employee Workflow. ...
How do I remove a medical aid dependant from the Dependants screen?
To delete a medical aid dependant from an employee's Dependants screen, click on the "Delete" icon on the right of the dependent in question. Navigate > Employee > Basic Information > Dependants Important! Refer to the related FAQ to ensure no errors ...
How do I process a Medical Tax Credit Adjustment?
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 > Configuration > Payroll > Payroll Config > Payroll ...