No jargon, real Rand figures, and the parts of your ITR12 nobody explains until it’s too late to use them.
A practical checklist of which documents SARS needs for a medical expense claim, from your scheme's tax certificate to the bank statement that proves you paid.
A year of medical receipts never adds itself up. See how the same out-of-pocket spend clears SARS's 7.5% medical expenses tax credit threshold differently, depending on what you earn.
If you, your spouse, or a dependant has a SARS-confirmed disability, the medical tax credit formula changes in your favour. Many people who qualify never claim it.
Turning 65 works in your favour on the medical tax credit formula. The rate jumps, the income threshold disappears, and the same receipts can be worth nearly triple.
Your medical scheme certificate lists codes 4005, 4020 and 4034. Mix them up and it can cost you. This is what each one means, with a worked example.
One real case turned 155 receipts and statements into a verified R177,459.64 claim SARS had never seen. This is the code behind that number, and how it works.