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Medical aid as a business Expense?

Posted 22 November 2013 under Tax Questions



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This past tax year I paid full independent medical aid contributions for my family. In the year I was unemployed, earned income for some consulting, and then was employed for a few months. Does the medical aid monthly payment come off my business expenses the months I earned my own income? or do I just make use of the tax credits system?

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TaxTimTaxTim says:
22 November 2013 at 20:31

You include the medical payments as normal under the medical aid section of the return as this is a personal expense, the credit will work itself out from there.


Dave says:
22 November 2013 at 21:09

Thanks Tim

This is a really great site and I'm glad I found it! It's a bit late for this year, but I will def. be using your service next year.


TaxTimTaxTim says:
22 November 2013 at 23:18

Thank you for the compliments and glad we could assist! Remember us for next year!


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