Private Health Insurance for 2016

???????????????????????????????????????????????????????????????????????????????Each year on 1st April the Private Health Insurance companies adjust their premiums – I’ve never seen them go down, only up!

The Australian Taxation Office (ATO) have also begun using the same date to amend the rebates that are available to those who hold private health insurance.

If you’re keen to know what the current rebate is that you should/could be receiving from your health fund, I encourage you to visit here.

For each full year you hold private health insurance there are two calculations to be included in your tax return due to the change in the rebate applied part way through the year.

While I am often able to obtain this information from the ATO Tax Agent Portal, it is an extremely good idea to keep any correspondence you receive from your health fund and forward it to me for completion of your tax return.



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