Private health insurance rebate
31 Jan 2016
What is the private health insurance rebate? The private health insurance rebate is a contribution the government makes towards the cost of your private health insurance. What are the changes? From 1 July 2012, the private health insurance rebate is income tested. This means that the amount of rebate you are entitled to receive now […]
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Tax residency rules to change for temporary working holiday makers
20 Jan 2016
In the 2015-16 Federal Budget, the government announced that it will change the tax residency rules for most people who are temporarily in Australia for a working holiday. These people will be treated as non-residents for tax purposes, regardless of how long they are here. They will not be able to access the tax-free threshold […]
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Job position – Accountant
15 Jan 2016
Suitable applicants are invited to apply for a position as a full time Accountant. About us: Griffin & Associates is a Townsville based accounting practice with a reputation of delivering superior accounting and taxation solutions. We are passionate about engaging with our clients and providing an individualised service. We provide an extensive range of accounting […]
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Medical expenses tax offset
12 Jan 2016
Net medical expenses are your total medical expenses minus refunds from Medicare and private health insurers which you, or someone else, received or are entitled to receive. The net medical expenses tax offset is being phased out. To be eligible to claim the offset in your 2015 income tax return, you must have either: Received […]
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