SA Budget 2018 – Medical Tax Credit Rates

Medical Tax Credit Rates

Medical Scheme Fees Tax Credit was introduced from 1 March 2012 but didn’t affect all categories of taxpayers at once. There are two different start dates depending on the age of the taxpayer:
  • Taxpayers younger than 65 – converted to the Medical Tax Credit from 1 March 2012
  • Taxpayers 65 and older  – converted to the Medical Tax Credit from 1 March 2014

Medical Tax Credit Rates from 2013 tax year onwards – see changes from last year

​Per month (R) 2019​ ​2018 2017​​ ​2016 ​2015
​For the taxpayer who paid the medical scheme contributions R​310​ ​R303 ​R286 270 ​257
​For the first dependant ​R310 ​R303 ​R286 ​270 ​257
​For each additional dependant(s) ​R209 ​R204 ​R192 ​181 ​172

Capped deduction prior to 2013 tax year

​Capped deduction per month ​2012
​For the taxpayer who paid the medical scheme contributions​ ​720
​​For the first dependant ​720
​​For each additional dependant(s) ​440
Important: The amounts may vary depending on the number of months in the tax year that a taxpayer and dependents are members of a medical scheme fund.

 

Top Tip: A deduction for contributions and out-of-pocket medical expenses (qualifying expenses) paid depends on a taxpayer’s age and whether the taxpayer, spouse  or any of their dependant(s) has a disability. For more information on see Medical Scheme Fees Tax Credits.

Last Updated: 24/02/2018