Webb5.1 Medical expenses relating to services and prescribed supplies 7 5.1.1 Expenditure incurred outside the Republic 8 5.2 Expenses relating to a physical impairment 8 6. Disability 9 6.1 Medical and disability expenditure 9 6.2 Prescribed diagnostic criteria for a disability 10 6.3 Confirmation of disability (ITR-DD form) 12 6.4 Qualifying ... WebbThe law, section 6B specifically, has in fact been materially amended since its introduction with effect from 1 March 2014. The answer lies, in the first place, in section 6B (2) and then in the definition of ‘qualifying medical expenses’ (in …

SARS Tax Deductible Business Expenses in South Africa

Webb2024 Medical and disability expenses. » any other individual, 25% of an amount equal to the sum of the qualifying medical expenses paid and borne by the individual, and an amount by which medical scheme contributions paid by the individual exceeds four times the medical scheme fees tax credits for the tax year, limited to the amount which ... christoph rasecke

Physical Impairment or Disability Expenditure Prescribed by the ...

WebbThe annual rebate applicable to excess medical scheme contributions and other medical expenses is calculated as follows: Taxpayer over 65 years of age: 33.3% of the sum of … WebbExpenditure prescribed by SARS and which is necessarily incurred and paid for by the taxpayer in consequence of a physical impairment or disability is a qualifying medical … Webb13 maj 2024 · Documents relating to medical expenditure such as: The income tax certificate from your medical scheme received for the period 1 March and ending 28 February (if you belong to a medical scheme) Proof of qualifying medical expenses paid by you and not recovered from a medical scheme gfoa benchmarks vs strategic goals