covid-19 tax deductions

covid test expenses are tax deductible and fbt free

Federal Government To Make Covid Tests Tax Deductible And FBT Free

Work-related Covid test expenses are tax deductible The Federal Government has announced that COVID‑19 tests (including Polymerase Chain Reaction and Rapid Antigen Tests) are tax deductible for hard‑working Australians, and exempt from fringe benefit tax for businesses, where they are purchased for work‑related purposes. The change will take effect starting the tax year 2021-2022 This …

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