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Vaughn says: 15 June 2015 at 17:10 I am aged 70 retired but working again,, earn less than R11K a month, pay my own medical aid for myself and spouse. . Have no company perks. . Have always got my full paye refunded to me each year. However. I do not understand how the medical credit will affect the situation as from this year? I do not have the tax deduction of R257 for myself and the same amount for my wife as I pay our contributions by debit order each month. Would I still be refunded by SARS, or how does the medical tax credits (for over 65 from this year on work in my case?) |
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TaxTim says: 16 June 2015 at 18:36 Please read our blog on Medical Tax Credits for a better understanding and you can make use of our Medical Tax Credits Calculator to work out what your actual credit will be against any tax. |
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