Tax Deductibility Of COVID-19 Test Expenses

COVID 19 test expenses incurred by individuals will be tax deductible where they are purchased for work related purposes.  This applies both when an individual is required to attend the workplace or has the option to work remotely; and

Employers will not be liable for FBT if they provide COVID-19 testing to their employees for work related purposes.

The information in this blog is intended only to provide a general overview and has not been prepared with a view to any particular situation or set of circumstances. It is not intended to be comprehensive nor does it constitute advice. While we attempt to ensure the information is current and accurate we do not guarantee its currency and accuracy. You should seek professional advice before acting or relying on any of the information in this blog as it may not be appropriate for your individual circumstances.

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