Medical Aid Tax Credits

2013-09-16T10:11:56+00:00September 16, 2013|Advice|

No more medical aid tax deductions. Prior to March 2012, you were entitled to claim a deduction from your tax payable for any medical aid contributions you paid during the year. This system of ‘medical scheme contribution deduction’ was replaced with a new ‘medical scheme fees tax credit’ framework for all taxpayers under the [...]