Dismal respite for medical expenses in budget
Tax credits up a mere R9 for your medical aid dependants
26 February 2020 - 20:43
Medical tax credits that medical scheme members enjoy have been increased slightly in this year’s Budget, but the increase is a mere 2.8%, amounting to R6 or R9 for each person whose medical contributions you are paying.
This is despite the increase in contributions typically outstripping inflation...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.