Federal government to make COVID-19 PCR and rapid antigen tests tax deductible
The federal government is set to make COVID-19 tests tax deductible for Australian individuals and exempt from fringe benefit tax (FBT) for businesses when they are purchased for work-related purposes. Key points: PCR tests and RATs will be tax deductible, backdated to July 1, 2021 Australians earning an income taxed at 32.5pc will receive a … Read more