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WHEN MUST MEDICAL AID CREDITS BE DEDUCTED

Posted 2 February 2015

Must the Medical Aid Credits (R257x12) be deducted from Taxable Income before calculating tax payable from the tables or from Tax Payable after the calculation has been done ?

TaxTim Marc TaxTim Marc said:
3 February 2015 at 6:59

It must be deducted from the tax payable, they are credits against taxes owing.

Heather said:
3 February 2015 at 8:46

Really appreciate your help, Tim. Websites give conflicting answers.

TaxTim Marc TaxTim Marc said:
4 February 2015 at 8:12

Only a pleasure!

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