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Will I get money back from SARS by joining a medical aid even a cheap one?

Posted 24 February 2014 under Tax Q&A


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I am not on a medical aid, if I go on a cheap one will I get money back from SARS?

This entry was posted in Tax Q&A and tagged . Bookmark the permalink.

TaxTim TaxTim says:
24 February 2014 at 12:55

Yes, you will be entitled to a monthly credit against taxes payable for your contribution to a medical aid. For the 2014 tax year this is R242 per month.


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