The company paid medical aid benefit toward an employee, but the employee is on her husband medical aid. The husband uses the full medical aid tax benefit for his tax purposes. What code must I use for this employee?
Hello Nico4021
If the company gives an employee money to pay for a medical aid in their private capacity, then you must use regular payment code 5210 t capture the payment to the employee.
Follow these steps to setup the Medical Income Transaction.
Create a new transaction for the amount that the employer will pay to the employee to be used for medical aid:
Regards
Mbali
Hello Nico4021
If the company gives an employee money to pay for a medical aid in their private capacity, then you must use regular payment code 5210 t capture the payment to the employee.
Follow these steps to setup the Medical Income Transaction.
Create a new transaction for the amount that the employer will pay to the employee to be used for medical aid:
Regards
Mbali
*Community Hub is the new name for Sage City