Medical scheme fees tax credits
What is a medical scheme fees tax credit?
If you pay any PAYE or provisional taxes you are eligible to claim a rebate against any taxes paid. The rebate cannot be carried over to the next year of assessment
Who can apply?
The tax rebate can be claimed by anyone paying a registered medical scheme for themselves and their dependents.
Current rebates
| 01 March 2021 to 28 February 2022 | 01 March 2020 to 28 February 2021 | |
| Single taxpayer | R332 / month | R319 / month |
| A single taxpayer with one dependant | R664 / month | R638 / month |
| Each additional dependant | R224 / month | R215 / month |
Additional Medical Tax Credit
An additional medical tax credit can be deducted calculated as follows
- Any person older than 65 years
- 33.3% of the fees paid to a registered medical scheme that exceeds the monthly rebates above plus
- 33.3% of all qualifying medical expense not covered by the medical scheme.
- Any person or their dependant that is a person with a disability
- 33.3% of the fees paid to a registered medical scheme that exceeds the monthly rebates above plus
- 33.3% of all qualifying medical expense not covered by the medical scheme.
- Any other person not specified in the two abovementioned categories
- 25% of the sum of:
- Total actual medical aid fees less four (4) times the medical tax credit plus
- All qualifying medical expenses plus physical impairment expenses less
- 7.5% of the taxable income (excluding certain lump sums)
- 25% of the sum of:
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