Sars Additional Medical Tax Credits 2024

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Sars Additional Medical Tax Credits 2024. In order to qualify for the additional medical tax credit, your medical expenses plus any contributions you have paid above a certain amount need to exceed a threshold. The medical tax credit, brought in from the 2013 tax year provides for a monthly credit against your tax owing to sars.


Sars Additional Medical Tax Credits 2024

In addition to the mtc, an individual may also claim an additional medical expenses tax credit for certain qualifying medical expenses, subject to limitation. A medical tax credit is available in respect of medical scheme contributions for taxpayers under the age of 65.

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