M J Heywood & Co
Chartered Accountant
 

Address:
Suite 407
1 Princess St.
Kew, Vic. 3101

Phone:
613 9853 1234

Fax:
613 9853 1023

Email us

Liability limited by a scheme approved under Professional Standards Legislation

 Latest Accounting News Service
Hot Issues
How is your super going, ready for retirement?
ATO increasing data exchange with international regulators
Illegal SMSF early access scheme leads to $6,000 fine
Our 'hardest' SMSF tasks
Uber drivers hit for 10% tax
Lack of literacy promotes unrealistic goals
Taxpayer failed to prove that payments were “loans”
New STP dates confirmed as ATO goes on compliance blitz
ATO flags compliance project for FY17/18
Items that heat up your depreciation deductions
Doing a budget is a good idea but ....
Government ‘undermines’ tax system in new moves on property expenses
Taxpayer denied deduction for work expenses of $60,000
Overtime meal expenses disallowed because no allowance received
Key Economic Indicators, 2017
Government to shut down salary sacrifice loophole
Crowdfunding legislation gets greenlight
ATO heavyweight responds to hacking fears
Checklist - Individuals Tax Returns - 2017
Checklist - Tax time 2017 - Company, Trust & Partnership
Checklist - Superannuation Funds - 2017
ATO to ramp up scrutiny of $20K tax break use
‘Bank-like heists’ make way for new wave of cyber crime
ATO reports on key contraventions for 2016-17
ATO, mid-tiers warn on common expenses myths
Articles archive
Quarter 2 April - June 2017
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Quarter 3 of 2015
Articles
Individual Tax Returns – Medical Expenses 2015
Resources on our site to help you and your family.
Retirement Planning becoming more difficult
Salary and Superannuation after the death of an employee
Ambiguity in Shareholder Agreements - what you need to know
Five reasons the RBA will likely cut rates again
Consistency between Income Tax and Business Activity Statements (BAS)
Tax Time Checklist - Individual - 2015
Tax Time Checklist - Company Trust or Partnerships - 2015
Tax Time Checklist - Superannuation Funds - 2015
Individual Tax Returns – Medical Expenses 2015

 

Almost gone.



       


The number of taxpayers eligible for medical expenses claim is decreasing.


To be eligible for the Net Medical Expenses Tax Offset for 2014/2015 year, taxpayers must have received an amount of the tax offset in both of their 2012/13 and 2013/14 income tax assessments.


If the medical expenses relate to disability aids, attendant care and aged care, these can continue to be claimed until 30 June 2019.


 


 


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17th-September-2015