South African taxpayers on medical aids will be facing a ‘triple tax’ to fund the National Health Insurance (NHI) in the country—paying normal tax, losing medical aid tax credits and still having to fork out for private healthcare as the scheme rolls out on vague timelines.
The National Department of Health and Minister Aaron Motsoaledi revealed plans this past week to redirect taxes and adjust medical aid tax credits in South Africa to fund the NHI.
The Standing Committee on Appropriations was presented with a potential scheme…
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Twinkle Cocoa
The child who claims to know as many proverbs as his father should be allowed to pay taxes
Heartbreaker
Thanks for this article – it has opened my eyes to the possibilities in my life.