Sars Medical Tax Credits 2024 Eligibility

Sars Medical Tax Credits 2024 Eligibility. How much did you spend on qualifying medical expenses that was not paid back to you by medical aid? The medical tax credit, brought in from the 2013 tax year provides for a monthly credit against your tax owing to sars.

That threshold, if you are under the age of 65, is 7.5% of your income. ☑️ taxpayers can reduce their monthly sars tax bill by a set amount thanks to the medical schemes fees tax credit.