Zone Tax Offset and the 2015 Budget, Zone Rebate Fly in Fly out The Zone Tax Offset (ZTO) and the 2015 budget refer to Australian tax legislation and policy. The Zone Tax Offset is a tax rebate for individuals who live and work in specified remote or isolated areas ofRead More →
Private health insurance has become a popular topic when it comes to tax savings. It’s common to see advertisements or media campaigns promoting private health insurance as a way to save tax before June 30. While there may be some tax benefits for individuals who have an income above certainRead More →
As from the 1st July 2012 changes are being made to the Medicare Levy Surcharge and the Private Health Insurance Rebate. The Medicare Levy Surcharge has always been a penalty for having a higher income and not having private health insurance. The levy now increases above the 1% of previous years to aRead More →