In their infinite wisdom, SARS has decided to reduce the "rebates" (tax credits) on Medical Aid contributions from R720 each for the first 2 members to R216 each, and from R440 each per dependent thereafter to R144 each, w.e.f. 1 March 2012.

This will mean that the difference between these amounts (depending on the number of members on your medical aid) will be taxed at your marginal rate.

This was sent to my wife by her employer, but how will this effect business or is it just effeting employers