Medicare - How does it work?
Nov 1st 2009, 2:44 am
#16
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Joined: Jan 2007
Location: Now living in Western Australia, Secret Harbour
Posts: 636
Re: Medicare - How does it work?
Ive just paid out over $5,000 for my son's dentist to have his braces fitted, my tax agent told me I had to go to medicare to claim some of it back but when I went into medicare yesterday they told me I have to save the receipts and claim some of it back on my tax for next year!Feel a bit like a yo yo at the moment!
Nov 1st 2009, 2:52 am
#17
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Re: Medicare - How does it work?
Ive just paid out over $5,000 for my son's dentist to have his braces fitted, my tax agent told me I had to go to medicare to claim some of it back but when I went into medicare yesterday they told me I have to save the receipts and claim some of it back on my tax for next year!Feel a bit like a yo yo at the moment!
Tax Offset for medical expenses over a specified limit
There is a medical expenses tax offset that may be available if you have out of pocket medical expenses over a specified limit in an income year.
The 2008-2009 year threshold is $1,500, and any medical costs exceeding this can be claimed against, and a Tax Offset of 20% of the excess is claimable.
This is claimed on your end of year tax return through the ATO.
There is a medical expenses tax offset that may be available if you have out of pocket medical expenses over a specified limit in an income year.
The 2008-2009 year threshold is $1,500, and any medical costs exceeding this can be claimed against, and a Tax Offset of 20% of the excess is claimable.
This is claimed on your end of year tax return through the ATO.
Nov 3rd 2009, 11:12 am
#18
Lost in BE Cyberspace
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Posts: 6,039
Re: Medicare - How does it work?
The commitment to bulk billing has been increasing for decades. In 1985 the percentage of services bulk billed was 46%, it is now 70%+.
Nov 4th 2009, 4:25 am
#19
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Re: Medicare - How does it work?
Nov 4th 2009, 5:09 am
#20
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Re: Medicare - How does it work?
Bulk billing figures for GP attendances in the December quarter 2008
84.5% New South Wales
50.6% Australian Capital Territory
Medicare Total services (including hospital stays, pathology tests etc) Bulk Billed for 2008/09
77.2% NSW
63.1% ACT
1984/1985 it was
50.2% NSW
21.8% ACT
