Van says: 19 May 2015 at 17:02 I am 78 years old I paid R27000. 00 medical for the year what can I deduct from my income |
TaxTim says: 20 May 2015 at 10:30 Is this a contribution to a medical aid and if so for how many dependents? |
Van says: 20 May 2015 at 14:16 it is my contribution to my med aid I am an widower |
TaxTim says: 21 May 2015 at 12:20 You will be able to claim, for the 2015 tax year - so the one we are going to file in beginning July - 257 per month against any tax paid and then a further claim of R4 888 off any taxes owing still. So in total you can reduce your taxes owing by R7 972 |