South African Revenue Service (SARS)
The South African Revenue Service (SARS) makes provision for taxpayers with disabilities or those who have family members with disabilities to claim for expenses that are directly related to their disability.
SARS mentions that …..”A taxpayer who has or whose spouse or child has a disability in line with the criteria set out in the ITR-DD form and confirmed by the medical practitioner, can claim all qualifying out-of-pocket expenses, which include disability related expenses, in full. SARS has set a list of physical impairment or disability expenses…”
Bendels Consulting™ is a niche tax consulting practice, which specialises in the provision of tax compliance and tax law advisory services to individuals where there is a “disability” in the family. The key focus of Bendels Consulting™ relates to the complex tax treatment (and associated tax breaks) in respect of medical expenses, especially those pertaining to “disabilities”. In particular, we aim to ensure that qualifying taxpayers obtain all their applicable tax breaks in respect of current, future and prior-tax years.
Bendels Consulting™ has presented at Parliament, made representations to SARS and spoken at the National Treasury in Pretoria on tax policy relating to “disability” groups of taxpayers. Bendels Consulting™ has written and spoken extensively and made several contributions in this specialist area, including the lead front page article in the Business Day on 02 February 2007, an article in the Business Report on 28 January 2010 and one in Personal Finance on 10 June 2012.
Based on official SARS statistics, Bendels Consulting™ secures tax deductions that are, on average, three times the national average.
To find out more about what Bendels Consulting™ does, click here.
To find out how Bendels Consulting™ differs from other tax practitioners; click here.
Jaco Kruger Disability Tax Consultant
Jaco Kruger, an expert on the tax law about people with disabilities, says the following:
“The tax law have had some major changes since 2012 in terms of allowable deductions for medical and disability expenses. Despite these concessions by SARS, taxpayers have not used these benefits. To ensure these benefits are used to its full potential, taxpayers must seek disability tax advisory services”.
Some of the important things to notice from SARS in this regard are:
- Correction or amendment of prior year tax returns of up to three years.
- There are nine broad qualifying categories of allowable expenses for each type of disability – within each of these categories; there are a wide range of qualifying examples.
- Registered learnership agreements between employer and the employee (Disabled person), allow for a commencement allowance of R50K and a completion allowance of R50K (In total, a R100K tax relief per annum). This could be specifically beneficial for the small to medium businesses
- Improvements on the eFiling system in conjunction with recognised tax practitioners, have smoothed the process of submissions and quicker results
“Personal interaction with SARS on a professional basis contributes to a successful submission and effective results. As a parent of a disabled person, I have a very good understanding of the major need for these special people. The ultimate objective is to create awareness amongst parents and or taxpayers. This will improve the lifestyle of the disabled person in today’s society.”
You can also visit his website at www.jacokrugerafs.co.za