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LAFHA Changes

On 21 August 2012, the Australian Government introduced amendments to its proposed reform of the tax treatment of living-away-from-home allowances (LAFHA)

The amended Bill has now been passed by parliament and is law effective from 1 October 2012.

Proposed Changes to Private Health Insurance Rebate.

Proposed Changes to Private Health Insurance Rebate

Proposed legislation could mean the cost of Private Health Insurance will be substantially more for many individuals and families from 1 July 2012. If you earn more than $84,000 personally or a combined family income of $168,000 your tax rebate on Private Health Insurance is about to be reduced. 

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