Russell says: 25 November 2015 at 22:45 Am I allowed to claim against my monthly contribution to my medical aid even if my company pays its portion? |
TaxTim says: 26 November 2015 at 10:43 You will need to complete the medical aid section of your tax return and SARS will do the relevant calculation in order for you to obtain the medical aid credit. If your total contributions per your medical aid tax certificate agrees to what is on your IRP5, then you don't fill anything in under code 4040. Please Register for TaxTim and and make use of our 25% voucher code FF3831AC952E for the final week of tax filing season. |