tax deductions suurmond tax

The following deductions are available in the 2023 Income Tax return to reduce your taxable income:

Deductions

  • mortgage interest of your first residence (owner-occupied home)
  • life annuity premiums (if deposited before 1st July 2024)
  • non-reimbursed health care expenses (including medical assistance, prescribed medication and travel expenses for hospital visits)
  • financial obligations to ex-spouse i.e. in the form of alimony
  • gifts or donations to recognized charities (refer to the ANBI list)
  • travel expenses for regular commuting by public transport
  • weekend expenses for taking care of disabled relatives
JC Suurmond