Tag: medical expenses
Accidents happen – are you covered?
December is injury prevention month and preventing injury should obviously be a high priority. But when accidents do happen, knowing that your medical expenses will be covered, through a combination of medical aid and gap cover, can significantly ease the burden.
Gap cover – an employee benefit that makes a real difference
Benefits are an important part of attracting and retaining talent for corporates, and these offerings can often be a point of differentiation. As such, many businesses have started to offer Employee Assistance Programmes (EAP) to cater to physical, financial and mental health, along with the more common medical aid, pension and provident funds.
As the COVID-19 bubble bursts, the need for adequate healthcare coverage...
During the worst of the COVID-19 pandemic, medical claims looked very different to the usual patterns. Now, however, the COVID-19-bubble has burst, and we are beginning to get back to greater levels of normalcy. One thing that COVID-19 highlighted was the need to have adequate healthcare in place.
Medical expenses keep increasing with little relief in sight
Medical aid rates have increased above inflation for a number of years. In addition, food prices have also increased by at least 10%, fuel prices are volatile, and salary increases are typically lower than inflation. The cost of living is higher than ever, and there is little relief in the form of tax credits and rebates.
Tax return filing
If filling in a tax return were an easy task, South African Revenue Service (SARS) would not have a page dedicated to How to complete your income tax return. When in doubt, turn to a professional for advice, but in the meantime here are some tips for a smooth tax return submission:
