Tax and Financial Planning

It's essential to seek expert advice from appropriately qualified professionals in the areas of financial planning, insurance and taxation. Ask your expert about:

Medical Expenses Tax Rebate, Interpretative Decisions and Private Rulings

The Net Medical Expense Tax Rebate allows taxpayers to claim a 20% rebate on their out of pocket medical expenses over $1,500. For more information go to: http://www.ato.gov.au/individuals/content.asp?doc=/content/00218527.htm

The ATO website also provides information of previous interpretive decisions and private rulings which illustrate that therapeutic treatment of autism can be a deductible medical expense. ATO 2001/131 http://law.ato.gov.au/atolaw/view.htm?docid=%22AID%2FAID2001131%2F00001%22 (withdrawn) and private ruling 6093 illustrated below:

Special Disability Trusts and Family Trusts

Trusts may be a way to distribute income and assets to provide for a relative with and Autism Spectrum Disorder. Read more and download information from http://www.facsia.gov.au/internet/facsinternet.nsf/disabilities/carers-special_disability_trusts.htm