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Ngwenya (Pty) Ltd and its employees contribute to a medical scheme on an annual basis. On 1 January 2025 it contributed R180 000 to the medical scheme. This R180 000 was its contribution for the 2025 CALENDAR year.
How much is deductible by Ngwenya (Pty) Ltd in determining it's taxable income for the year of assessment ended 28 February 2025.