How to use your medical aid to get a little extra back on tax

You know how you can claim tax credits for out-of-pocket medical expenses (the ones your medical aid doesn’t reimburse) in SA? It’s great, except for the schlepp of having to keep track of all of those (slips and invoices) throughout the year.

But here’s a neat trick: Use your medical aid’s itemised certificates to track it for you…

Submit ALL your medical expenses to your medical aid, even the out-of-pocket ones you know they don’t cover. They’ll log them and include both reimbursed and non-reimbursed items on your annual medical tax certificate. Now you have a single, ready-made record that proves all out-of-pocket expenses for your tax return.

It’s a lekker simple way to capture every possible deduction without any admin headaches.

Disclaimer: This content is for educational purposes only and should not be considered personalised financial, investment, tax or legal advice. Brought to you by Medinol – High Performance Medical Billing