Tax Certificate FAQs
On your tax certificate, we give you the information you need to complete your tax return. This includes:
- A line showing the amount for your contributions, which only shows medical scheme contributions for this tax period. Any backdated changes that apply to this tax period, but which we made after we created this certificate, will be on the tax certificate for the next tax period. If you get an IRP 5 from your employer, you must rather refer to the contribution amount on IRP 5 when filling in your tax return. If you are a pensioner receiving post-retirement benefits, the IT3 (a) will show this.
- "Claims not recovered from the Scheme" refers to claims your health plan did not cover, for example, where claims were more than the benefit limit. We have included claims processed up to 28 February 2025.
- A breakdown showing the total number of active members (main member and active dependants) each month. You must list these on your tax return.
The tax certificate shows only the part of your monthly contributions for which you can get a tax benefit. We consider only the part of your monthly contribution paid to the Scheme. This includes your Medical Savings Account, if applicable.
The "Claims not recovered from the Scheme" amount shows claims that the Scheme did not pay, including any part of a claim not paid. This includes all processed in-hospital and out-of-hospital claims we did not pay. This can be due to your money being used up or your claims being more than your benefit limits.
We also include amounts that you paid upfront (for example, deductibles) in this amount. This means, we also include:
- All amounts paid from the Bank Account Medical Savings Account (if you have one).
- A sum of all received money (for example, a payment of what you owe when the claimed amount is more than the amount you contributed. This can happen when you leave the Scheme).
We calculate the part of your medical scheme contributions on which you can get a tax benefit on a monthly maximum rand amount (a capped amount). We base it on the number of people on your membership.
For more information, visit the SARS website at www.sars.gov.za or contact your tax adviser.
As we administer money within a savings component, we must tell you how much interest you have earned.
My IT3 (b) Medical Savings Account certificate: The amount on this certificate shows the total interest earned on the money left (if any) in your Medical Savings Account.
My IT3 (b) Bank Account Medical Savings Account certificate: This certificate shows the interest you continue to earn on the money you still have available in the Bank Account Medical Savings Account, which is now inactive. During 2000, members could contribute to a Bank Account Medical Savings Account, which earned interest and from which they could withdraw money as they pleased.
The IT3 (b) shows the interest you have earned on your Medical Savings Account and on your Bank Account Medical Savings Account (if you have one) during the tax year. We calculate interest in arrears. So, we base the interest calculated at the end of the month on the opening balance for that month. We add contributions to the Medical Savings Account monthly. Whatever you do not use for the current month, earns interest.
The closing balances for the Medical Savings Account and Bank Account Medical Savings Account (if you have one) that we print on the respective certificates show the total contributions paid into these accounts, minus the claims paid, plus interest earned until 28 February 2025.
One of these certificates shows the interest earned on your Medical Savings Account balance, and the other shows the interest earned on the Bank Account Medical Savings Account balance.
You can tell the difference by checking the section marked "Information supplied by", which appears below left, under the amounts showing the interest earned and the closing balance.
- For the Medical Savings Account interest, the tax certificate will show that the information was supplied for and on behalf of the medical scheme.
- For the interest earned on the Bank Account Medical Savings Account, the certificate will show that the information was supplied for and on behalf of FirstRand Bank Limited.
We consider claims processed (or changes to how the claim was processed) after 28 February 2025 for the next year's tax certificate. We report the tax data at 28 February 2025 to SARS and cannot give manual tax certificates.
To print a certified copy of the tax certificate, please follow these five steps:
- Step 1 - Click on Start
- Step 2 - Go to Settings and click on Control Panel
- Step 3 - Click on Internet Options
- Step 4 - Select the Advanced tab
- Step 5 - Under Printing, tick the box to select Print background colours and images.
As part of our commitment to supporting you, we share essential membership information with SARS as required by law. To ensure that your details are accurate and up to date when we submit this information at the end of each tax year, please review and update your membership details regularly. You can easily update your information on our website
During the year 2000, members could contribute to a Medical Savings Bank Account, which earned interest and from which they could withdraw money as they pleased. This certificate shows the interest you continue to earn on the money you still have available in the Medical Savings Bank Account, which is now inactive.