Taxation of disability benefits will be implemented from 1 March 2015. This means that from 1 March 2015 disability premiums will be taxed as a fringe benefit in the hands of the employee – this will reduce your take home pay. Please check your March 2015 pay slip that will show how this will affect your take home pay.


Should you become disabled, however,  the disability benefit of twice your annual salary will be paid to you tax free.