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Medical scheme tax credit amount

Posted 20 January 2014 under Tax Questions



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I'm completing my IRP6 (second part) as I am a provisonal tax payer. In the space provided for medical scheme fees tax credit (I believe it's R242 for this year) do I fill in R2904 (R242 times 12) for the full year I've been paying towards medical aid. Or do I only have the one credit of R242 for the entire year?

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TaxTimTaxTim says:
20 January 2014 at 18:48

It is per month credit so you would multiply it by 12.


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