Sars Medical Tax Credits 2024 List

Sars Medical Tax Credits 2024 List. This means that a portion of your qualifying expenses, in this case medical related spend, is converted to a tax credit,. The medical scheme fees tax credit medical scheme fees tax credit (mtc) applied from 1 march 2012 (the 2013 tax year) but didn’t affect all.

As the primary medical aid member, you are entitled to a medical tax credit of r364 for the 2024/2025 tax year, and r728 per month for the taxpayer and one dependant. Gap cover pays you the difference between what the doctor charges in hospital and the national health reference price list, what the medical aid actually pays.