If you have private health insurance, the amount of rebate you are entitled to depends on a multiple of considerations – your annual income, your age and how many dependent children you may or may not have. A range of questions can arise, which we clarify.
Your golden years can be given an extra glow by qualifying for the Senior Australians and Pensioners Tax Offset (SAPTO). We explain what this is and how you can claim it. And if you are a member of an SMSF, and are wise enough to use our services to help run it, we provide some timely tips in the run up to the annual return deadline.
The new National Disability Insurance Scheme can have both income tax and GST implications, depending if you provide support to participants of the scheme or receive support yourself. We run through the relevant tax treatments.
Should you require more information regarding any topic touched upon in this newsletter, please feel free to contact MBS to discuss the details.
Disclaimer & Copyright: All information provided in this newsletter is of a general nature only and is not personal financial or investment advice. Also, changes in legislation may occur frequently. We recommend that our formal advice be obtained before acting on the basis of this information. The Copyright is owned exclusively by Taxpayers Australia Inc (ABN 96 075 950 284)