Federal Budget

Freeze on health rebates and levies

Thresholds which apply to the Medicare Levy Surcharge and Private Health Insurance Rebate will not be indexed for three years, from 1 July 2015 to 30 June 2018.

Federal Budget

Tax receipts for individuals

In a bid to make public spending more transparent, the Government will issue receipts to approximately 10 million individuals.

Carbon tax impact on aged care costs

Aged care facilities have been given the go ahead by the Government to take their share of carbon tax compensation paid to residents. From 1 July, aged care facilities have been able to take an extra 1 per cent of a resident’s pension to cover costs related to carbon tax increases. This sees aged care facilities able to claim 85 per cent of a resident’s pension payment.

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