Glossary

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medical aid fund

Subject: 

  • Accounting

benefit offered by some employers to their staff to assist with medical expenses

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subsidiary
Subject:
Accounting

related to or supplementary

subscription fees
Subject:
Accounting

money paid to belong to an organisation

subsidiary book
Subject:
Accounting
Skills Development Levy (SDL)
Subject:
Accounting

amount employer pays to SARS for development of skills

profit
Subject:
Accounting

the money a business makes when its income exceeds its expense.