What is the amount that I will receive for medical tax credits?

By Marc Sevitz · Updated

If I receive R12350 CTC per month, and I pay a hospital plan of R1200 per month, can I get a tax credit?R500 for myself, R700 for two dependants.
TaxTim Marc

TaxTim Marc said:
18 January 2013 at 20:40

You will receive a credit of 2x R230 and 1x R154 per month for you and your two dependents.