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Disclaimer

This is not advice. Items herein are general comments only and do not constitute or convey advice per se. The information contained in these articles is for guidance only and should not be relied upon without obtaining professional advice having regard to your direct circumstances.

 

Medicare expenses details

Previously, only information about dividends and interest that you might have received during the financial year was available to your tax agent through the ATO.

Starting from 1 July 2008, we will be able to obtain straight from the Tax Office information relevant to your dealings with Medicare.

Having this additional information available has multiple benefits, as we will be able to:

  • lodge your tax return more quickly; 
  • and see whether you are eligible for more tax deductions on your medical expenses.

All we need to proceed is for our clients to provide us with their Medicare card number as well as their Individual Reference Number (IRN).

 

 


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