Tax

COVID-19 tests declared tax deductible, for the 2022 Financial year

Yep, that’s right! The Government is taking action to ensure that COVID‑19 tests (including Antigen Tests) are tax deductible for hard‑working Australians. Also exempt from fringe benefit tax for businesses, where they are purchased for work‑related purposes. To remove any doubt, the Government will introduce legislation to make clear that work‑related COVID‑19 test expenses incurred …

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