FREE Medical aid credits for individual taxpayers

Price:
Free
Level:
Tax Professionals
Sub-level:
Taxation
Lecturer:
Corlia Faurie
Duration:
60 Minutes
Additionals:
   CPD Assessment
   Certificate

Lesson Outline


This lesson covers the following:
• Determining whether an individual qualifies for the medical scheme fee credit under Section 6A, and the value of such credits
• Determining the value of credits to be claimed where contributions are made on behalf of dependants where the contributor is not the main member of the medical aid
• Clarifying the concept of "child", "dependant", "disability", "qualifying medical expenses" and "physical impairment
• Determining whether an individual qualifies for the additional medical scheme fee credit under Section 6B, and the value of such credits
• The importance of the ITR-DD form and diagnosis of disabilities, as well as other supporting documents to claim medical credits
• Medical aid contributions paid by a deceased estate and by an employer
• Querying or amending pre-populated amounts and information on the ITR12