good day I just wanted to know the medical aid percentage of R4000. how much would I receive.
TaxTimsays: 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.
Get Tax Deadline Reminders, News and Tips
We'll tell you when you need to file, along with tax tips and updates.