Page 14 - Taxation F6 - Income From Employment
P. 14

Income from Employment


                                                Medical Costs




          • Example 2




          • Facts: Ms Y is 31 years old. For the year of


               assessment commencing on 1 March 2014 she



               made contributions to a medical scheme of R6



               000 per month on behalf of herself and her two


               children. Her son has a disability. For the year of


               assessment ending 28 February 2015, she



               receives remuneration of R400 000 and incurs



               R40 000 in qualifying medical expenses. She is


               not entitled to any tax deductions.



                                                                                                                                   14
   9   10   11   12   13   14   15   16   17   18   19