What makes tax time so spooky? The fact they're due on Halloween of course! Get your taxes filed by 31 October to avoid any nasty surprises, and make sure they're in tip-top shape. To do that, you'll need your private health insurance statement which your insurer should send out around July.
Simply copy the details from that statement onto the private health insurance policy section of your tax return, and voila! Hello rebate and R.I.P. Medicare Levy Surcharge.
Start comparing policies before June 30 if you’re looking to avoid that LHC 2% yearly premium. If you’re earning over $90k, you just need to make sure you pick at least a hospital cover with an excess of less than $500 ($1,000 for couples). It starts from $15.62 a week, so what are you waiting for?
It only takes a few minutes to sign up
Picture:Brooke Cagle - Unsplash