Medical Expenses Tax Offset

When it comes down to what it will cost YOU to have your dental treatment, many people are unaware of the net medical expenses offset. Basically, this is a taxation rebate/offset is for any out of pocket expenses incurred in the financial year for medical expenses exceeding $2000.

Medical expenses are payments to legally qualified doctors, nurses, chemists and public or private hospitals. Payments to dentists, orthodontists or registered dental mechanics qualify for the medical expenses tax offset. Therefore, this also includes any cosmetic dental procedures!

This means, for any out of pocket expenses on your dental treatment, the amount exceeding the threshold ($2000), you will receive a 20% rebate on your next tax bill. Thus, you are really paying 20% less for your dental treatment of the amount exceeding the threshold. This also includes expenses incurred by your spouse and any dependents.

This article is meant to convey general information regarding the net medical expenses offset. Individual circumstances may vary, and taxation laws may change. We suggest you consult a qualified accountant in order to determine what extent a medical rebate will apply to your situation.

Interest Free Payment Plans

Enjoy 6-12 months interest free and worry about paying later!

We have teamed up with GEM Visa to now offer 6-12 months interest free and extended payment plans to our patients for their dental treatment. All it takes is filling out a simple form, and within 30 seconds of our staff entering your information over the internet, an answer and approval from GEM is obtained. In some circumstances further information may be required.

GEM Visa