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Medical aid cover in relation to out of pocket medical expenses

Posted 24 May 2016 under Tax Questions


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Dora says:
24 May 2016 at 13:12

Is it more beneficial to have a medical aid that covers less so your medical expenses (not covered by the medical aid) that qualifies for a tax return would be more therefore your tax return would be more?

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TaxTimTaxTim says:
24 May 2016 at 15:19

No in the long run it would make more sense to have a medical aid which covers more. However make use of our Medical Tax Credits Calculator to play around with the figures to see what is best for you.


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