Is Laser Eye Surgery tax deductible? What is the cost of Laser Eye Surgery?

A tax rebate was available to any taxpayer whose net medical expenses (for themselves or their dependants) in the year of income exceed $2,000. The amount of rebate was 20% of the excess over $2,000 and was paid by the Australian Tax Office as part of the taxpayer’s income tax return assessment.

Medical Expenses include payments made to registered medical practitioners, dentists, orthodontists and opticians. Also included are payments made to public or private hospitals in relation to an operation or illness.

The Net Medical Expenses Tax Offset is repealed from 1 July 2019.

For 2014-15 income year Taxpayers will be eligible to claim Tax offset only if they have received an amount of the Net Medical Expenses Tax Offset in both 2012-2013 and 2013-2014 income years. The Tax offset is subject to income testing.

There is no claim in this category for 2015-2016 and beyond

Please consult your accountant for exact details in your particular situation and what will the cost of Laser Eye Surgery in your case.

To find what will be the cost of Laser Eye Surgery in your particular case, call us FREE on 1800 DR EYES (1800 37 3937) to talk to one of our Patient Care Team now or Contact us Online for your free laser eye surgery assessment today.