| | Verify payroll and medical aid information |
| Description | Before making any changes, updates to payroll definitions will affect historical tax certificates. Allocate all medical aid contributions and expenses to the correct IRP5 codes. |
| Resolution | Verify payroll definitions - From the Navigation pane, expand Company Management.
- Double-click Payroll Definitions.
- Select the applicable option:
- Earning
- Deduction
- Company Contribution
- Fringe Benefit
- Provision
- Confirm the following details:
- Definition Type
- Tax Type
- Tax Code
Verify medical aid information - From the Navigation pane, expand Company Management.
- Click Payroll Definitions.
- Select the applicable option:
- Deduction
- Company Contribution
- Fringe Benefit
- Ensure medical aid contributions and expenses match the correct IRP5 codes:
| IRP5 | Description | | 4474 | Employer’s Medical Aid Contributions | | 4005 | Medical Aid Contributions | | 4024 | Medical Services Costs Deemed Paid for Immediate Family | | 3813 | Cost related to Medical Services paid by Company | | 3810 | Medical Aid Contributions paid on behalf of the employee fringe benefit | | 4493 | Employer’s Medical Aid Contributions i.r.o. Retired Employees | | 4116 | Medical Scheme Fees Tax Credits considered for PAYE purposes | | 4120 | Additional Medical Expenses Tax Credits for employees 65 and older |
Print the history medical aid report Click here for instructions on how to print the history medical aid report. |
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