New payroll tax and income tax hike needed for NHI, new govt factsheet suggests | Business

A recently circulated factsheet on National Health Insurance has partly answered the billion rand question on how the scheme will be funded, suggesting that both a payroll tax and a surcharge on personal income will be imposed.

Both employers and employees would contribute to the payroll tax in the same way that contributions to the Unemployment Insurance Fund are structured. Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.

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