20% Medical Tax Offset

Keep your receipts for out of pocket medical expenses as you may be entitled to a refund of 20% for amounts over the threshhold ($2,000 at 30 June 2011).

Aged care may also be considered an out of pocket medical expense for the person who pays it.

Expenses you may claim include:
* dentists, orthodontists or registered dental mechanics
* opticians or optometrists, including for the cost of prescription spectacles or contact lenses
* a carer who looks after a person who is blind or permanently confined to a bed or wheelchair
* therapeutic treatment under the direction of a doctor
* medical aids prescribed by a doctor
* artificial limbs or eyes and hearing aids
* maintaining a properly trained dog for guiding or assisting people with a disability
* laser eye surgery, and
* treatment under an in-vitro fertilisation program.

You may contact us on 1300 135 918 or visit our website at www.AllegianceAccounting.com.au.

You may also visit http://about.me/germanos.george

Please note, this is general information only and you should seek appropriate advice prior to acting on it.