Fspbusiness.co.za » medical-expenses

Did you know...

You can complete your IT14SD form in 6 steps
>> FIND OUT MORE HERE<<

You don't HAVE to allow your employees smoke breaks?
>> FIND OUT MORE HERE<<

Strikes can cripple your business
>>Find out how you can prevent them<<

medical expenses

10 tips for preventing WRULDs in your workplace
Maintaining a safe work environment for your employees also means ensuring you prevent WRULDs from happening in your workplace. Work related upper limb disorders (WRULD) is a collective term used to describe a group of diseases that consist of musculo-skeletal disorders caused by performing a job function in the workplace. They affect muscles, tendons, nerves, blood vessels, joints and bursae (the shock absorbers in our joints). Here are 10 tips you can use to prevent WRULDs in your workplace.... ››› more
[30 July 2013]

WARNING: If you help your employee with medical bills, you might be in trouble with SARS!
An employer who helps their worker with much-needed hospital bills is a Good Samaritan, right? That's not what SARS thinks! Whether you pay for an employee's prescription or set up a flu vaccine drive in your office, SARS might penalise you if you don't tax these things correctly. Find out how to get SARS off your back for helping your employees with their medical bills...... ››› more
[29 July 2013]

From medical aid deductions to medical tax credits - get 2013's new tax laws right and SARS will pay up!
Read this before you file your tax return! Every year, SARS tries to throw a wrench in the workings of personal tax season, so it doesn't have to pay up to hardworking taxpayers like you! In 2013, the big new change has been in the realm of medical aid deductions to medical tax credit. Find out how our FSP Business tax experts have decoded this mystery once and for all...... ››› more
[16 July 2013]

Are your employee's out of pocket medical expenses greater than 7.5% of their taxable income? Here's how you can help him claim this tax deduction...
SARS announced changes to the treatment of medical aid contributions on your payroll early last year. One of the changes is that your employees can deduct out of pocket medical expenses IF they're greater than 7.5% of their taxable income. Follow this method to help your employees claim this deduction...... ››› more
[16 July 2013]

Want to help your employees deduct their out-of-pocket medical expenses? Here's one way to do so...
According to FSPBusiness, early last year, SARS announced changes to the treatment of medical aid contributions on your payroll. One of the changes is that your employees can deduct out-of-pocket medical expenses that aren't refunded by their medical aid, or anyone else. Here's how you can help them do this...... ››› more
[12 July 2013]

Is your payroll in line with changes to the treatment of medical aid contributions?
Early last year, SARS announced changes to the treatment of medical aid contributions on your payroll. While these changes were made last year, some companies haven't put these changes into place. Here's how to ensure your company is in line with these changes so you can avoid penalties.... ››› more
[11 July 2013]

Do you have the documentation you need to complete your tax return?
According to tax expert Ettiene Retief, chairperson of the National Tax and Stakeholders Committees at the South African Institute of Professional Accountants (Saipa), when it comes to your tax return, it's crucial that everything is accurate, on time and, above all, you need to make sure you have the supporting paperwork. Here are the documents you'll need to complete your return as the 2013 tax-filing season gets underway today...... ››› more
[01 July 2013]

Submit your individual tax returns with success using these six expert tips
Today marks the beginning of the 2013 tax-filing season for individual tax payers. To help ease the anxiety that comes with tax season, here's what you need to know to ensure you submit your returns with success.... ››› more
[01 July 2013]

Ten lesser known Vat-carrying transactions your company can claim input tax on
According to the Practical Vat Loose Leaf Service, many Vat vendors are still struggling to grasp when they can claim input tax. As a result, they're missing out on an opportunity to claim the input tax due to them. Read on to discover ten lesser known Vat-carrying transactions your company can claim input tax on so you can put much-needed cash back into your business.... ››› more
[03 June 2013]

Conduct a health risk assessment before your employees travel on business
The local media industry is reeling over news of the death of popular news journalist and international correspondent, Mandy Rossouw. Her body was found on Monday after she didn't answer her phone. Her body will now be flown to Cape Town and funeral arrangements are being made. Here's what to do to protect your employees' health if they regularly travel on business.... ››› more
[12 March 2013]

Page: « 1 2 3 »



Save your business from penalties by being an instant audit expert! >> FIND OUT MORE HERE <<
Simple Excel solutions to do your complex calculations in minutes! >> FIND OUT MORE HERE <<
Make a dismissal stick, even if it goes to the CCMA >> FIND OUT HOW<<
Get the only DoL recognised way to train your HSE representative >> FIND OUT HOW <<
You have to dismiss an employee, but do you know how? >> FIND OUT HOW HERE <<
3 Instances where you don't have to pay Capital Gains Tax... >> FIND OUT MORE HERE<<
Exclusive report: Calling all HR managers - this is a must read! >>Read more<<
Improve your cash flow and eliminate simple accounting mistakes >> FIND OUT MORE HERE<<
The HR resource that’s making over 13 240 managers' lives MUCH easier! >> Read more <<
Employers - You must display a summary of the BCEA and EEA Get your summaries here
Find out how to recruit staff effectively >> CLICK HERE <<
Cut your health and safety training bill by 80% >> FIND OUT HOW <<

Top Articles What can you do about employees who didn't show up to work because of today's taxi strike? Five ways the Employment Tax Incentive Act impacts your HR department When should you issue a written warning? How to avoid a Miss SA type nepotism scandal in your workplace Free Download: 10 Questions you should never ask during an interview

News

ATTENTION EMPLOYERS: Even part-time staff must have a contract >> CLICK HERE FOR MORE DETAIL <<
40 Tools to Manage your Business Tax Risk >> CLICK HERE <<
MANDATORY NOTICE FOR ALL EMPLOYERS: no matter how many people you employ 1 or 100 Read more now
Giant health and safety mistakes that 2 out of 3 companies make every year >> FIND OUT MORE HERE <<
Save R24 469 by keeping an accurate logbook today >> CLICK HERE <<
Attention Employers! From the Department of Labour: Not displaying summaries of the EE Act and BCEA in the workplace is punishable by law Read more here


Media

Useful Links Labour and HR Club Department of Health COID SAICA SAIPA CHA Group Agora Publishing UK Audit Excel Portner Press

Disclaimer
Copyright 2014, Fleet Street Publications (Pty) Ltd. The information contained herein is obtained from sources believed to be reliable, but its accuracy cannot be guaranteed. No action or inaction should be taken based solely on the contents of this publication. We do research all our recommendations and articles thoroughly, but we disclaim all liability for any inaccuracies or omissions found in this publication. No part of this publication may be reproduced or transmitted in any form or by means of electronic or mechanical, including recording , photocopying, or via a computerised or electric storage or retrieval system without permission granted in writing from the publishers.