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How NHI could cost employers and employees
It is expected that scrapping the medical scheme tax credit will be the first measure designed to raise revenue for NHI.
Taxpayers should inform SARS if they have been unemployed for a full year or longer, to avoid being flagged as non-compliant.
Read moreIt is expected that scrapping the medical scheme tax credit will be the first measure designed to raise revenue for NHI.
The substantial tax increases would have to be implemented in an already tough economic environment, says a report by FTI Consulting.