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Medical Aid News South Africa

#Budget2018: Will the minister do away with the medical aid tax credit?

"One of the big questions the finance minister faces this year is whether to do away with the modest tax credit taxpayers receive for their medical aid payments. Government is eyeing an estimated R25bn in funds from scrapping these tax credits, to be used to fund the incoming National Health Insurance scheme, says Rob Cooper, director of legislation at Sage.

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