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Percentages medical aid which gets me refund from SARS?

Posted 23 June 2015 under Tax Questions



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Al Capone says:
28 May 2015 at 16:05

GOOD day please explain which percentage I will get back say for instance they indicate a amount of R5000 not covered by medical aid.

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TaxTimTaxTim says:
29 May 2015 at 12:48

It all depends on your income - you can make use of our Tax refund calculator in order to work this out.


Al Capone says:
29 May 2015 at 15:54

good day I just wanted to know the medical aid percentage of R4000. how much would I receive.


TaxTimTaxTim says:
31 May 2015 at 22:24

It all depends on your income, but essentially you need to have earned less than R53333 for the year to have any of your out of pocket medical expenses be allowed as a credit. You can read our blog about Medical Tax Credits to understand more.


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