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Blog Name / Description No. of Posts Last Activity
Discussion Paper: Medical Credits and Disabilities
This discussion document is published for public comment, and gives effect to the 2011 Budget tax announcement by the Minister of Finance to reform the current medical deduction allowances by replacing them with medical tax credits. Whilst this reform will be implemented in phases, it forms part of a comprehensive reform proposal – this document aims to facilitate consultation over the comprehensive proposal, and contextualises the phases for such reform. The first phase of this reform is set out in the legislative amendments contained in the 2011 Draft Taxation Laws Amendment Bill (TLAB) published on 2 June 2011 Submit comments on this document and the closing date for comment is 31 October
1 2011/09/22