medical expenses

Claiming Medical Expenses Without Penalties

SARS is levying penalties for over-claiming medical expenses.

This means that should you give your tax practitioner a figure and not have sufficient supporting documents which includes invoice AND proof of payment/receipt, the deduction will be reduced as well as a penalty levied on the adjustment amount.

See example below:

Amount on medical cert not covered by medical scheme R 5 000
Amount paid out of own pocket R 25 000
Total medical expenses R 30 000

Syndicate content