Answer to Question #255202 in English for Koole

Question

Donne is unmarried and 42 years old. He earned a salary of R30000 a month. He contributed R1100 to his medical aid scheme and his employer contributed the same amount on monthly basis. He is the only member in the registered medical scheme. He does not have any disability. You are required to calculate the additional qualifying medical expenses tax credits (section 6B) for the current year of assessment?

Answer 1

"Preset" alludes to the dislodging of a specific distance of sliding orientation as for upper bearing plates during establishment of course. Preset is a procedure to diminish the proportion of upper plates of sliding heading remembering the ultimate objective to save cost.It is essential to take note of that citizens more established than 65 years can keep on deducting all

clinical plan commitments and other clinical costs from their available pay. Too,

people who took exiting the workforce yet appreciate clinical plan inclusion paid for by

their previous businesses, will keep on partaking in this as a tax-exempt advantage.

Individuals from a clinical plan can make commitments to the clinical plan themselves,

their managers can create the commitments or commitments can be parted between an

representative and the business.

As far as current enactment, just the business commitment will meet all requirements for some special charge treatment (for example there will be no available worth set on the business commitment to the degree that it doesn't surpass 2/3's of the absolute commitment). The part making clinical

plot commitments out of his1 own pocket won't be qualified for a similar special duty

treatment for such commitments. As far as the new enactment, all (for example 100% of) commitments will meet all requirements for particular duty treatment independent of who makes the commitment. This special duty treatment will be restricted to a money related measure of R500 for every one of the initial two recipients and R300 for each extra recipient. The current "2/3 principle" falls away