Sars Additional Medical Tax Credits 2024. Any portion that is not allowed in the current year (usually that amount which exceeds the normal. That threshold, if you are under the age of 65, is 7.5% of your income.
What are additional medical aid tax credits?¶ an additional medical tax credit (amtc), which further reduces paye payable for employees aged 65 and up, is included in payroll paye. In his 2015 income tax return, the taxpayer claimed an additional medical tax credit (additional credit) for expenditure allegedly related to his treatment of mercury poisoning, which caused.
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