I am looking at getting private health insurance (only hospital cover, no extras).
• how will having private health insurance affect my tax returns?
• do you have to pay both the Medicare levy and a private health levy?
• does having private health cost more on your tax returns than Medicare?
• will getting private health insurance months into the financial year rather than at the start affect next years tax return in anyway?
I want to get private hospital cover but I don’t want to be hit with a huge tax bill at tax return time. For context, I am single, earn $80k before tax and have a hecs debt.
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95 views
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