How to avoid that sickening tax feeling
HEALTH insurance rebate tiers have changed, but many Australians are failing to call their fund if it affects them.
The controversial income-tested rebate changes, brought in from July last year, have been altered again this financial year, with the rebate tiers affecting singles earning more than $88,000 (up from $84,000) or families earning $176,000 (up from $168,000).
However, Australians are remaining complacent about contacting their health fund to let them know if they fall within one of the payment tiers - leaving them worse off at tax time.
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