Morocco | Apportioned Medical Rebate on Take on
In accordance with article 74 of the Moroccan General Tax Code , taxpayers with family expenses can benefit from a tax deduction corresponding to MAD 360 per Dependent per person during a tax year up to a maximum of 6 dependents at MAD 2160.
Upon setup of an employee record, the dependents can be selected to apportion the annual rebate from a selected effective date.
The system will reference the effective date of each dependent and apply the remaining periods for a tax year for both Cummulative and Non-Cummulative tax methods.
Calculation:
Annual Dependent Amount / 12 x remaining periods in a tax year.
Example:
Effective date is 01/06/2023
Remaining periods in the tax year = 7
360 /12 * 7 = MAD 210.
As a note, if the effective date is captured mid month, the rebate does not get pro rated and will be calculated for a full month, and if the effective date is changed to a back dated or future date the system will consider the most recent effective date to apply the calculation.
Please note only available on Premier and Master Editions.
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