If you contribute to a Medical Aid this tax year (i.e. 2018/2019) you will receive a fixed monthly tax credit of R310 for you as the primary member, a further R310 for your first dependent and R209 for each of your additional dependents.
Properly managing a rental property
It sounds easy, a profit is taxed while a loss leads to a refund. Unfortunately, not! Where a rental property makes a profit, an individual has to assess the profit of the trade between March – August and pay an estimated amount of provisional taxes to SARS. This is repeated during February and any over-payment is refunded to the taxpayer while any underpayment could be subject to a penalty of up to 20% of the amount underpaid as well as interest.