16 September 2015 at 13:40
What if you were at the dentist and you send you're medical the code of the dentist and they say they will pay the cost and after a few weeks you have to pay additional money that you have to pay it out of your own pocket
This entry was posted in Tax Q&A and tagged Salary / IRP5, Medical, Deductions, Audit / Verification. Bookmark the permalink.
16 September 2015 at 16:06
When you complete your Tax Return for the year, you can include these "out of pocket" expenses in the Medical Aid section and depending on the level of taxable income you earn, they may contribute towards reducing your ultimate tax bill.
Tax deductions for Out of Pocket expenses
You can also make use of our Medical Tax Credits Calculatorto find out what you medical aid tax credit will be.