A quick note to remind you that as your accountant, I need a copy of your private health insurance statement!

Quite often most of the dollar data can be found in the pre-filling report I access from the Australian Taxation Office(ATO), but that report doesn’t provide ALL of the information I need…

The pre-filling report includes information such as the fund name, full premium cost and rebate received split into the two time frames 1st July – 31st March and 1st April – 30th June covered by the financial year – but I can’t see from this report details of how many days you were covered (if only for part of the year) or what type of cover you held (i.e.: hospital, extras or both)!

I also often hear “But I claim the rebate as I go so there’s nothing more to do”…but what if your income was higher than you had expected meaning you have over-claimed your rebate?  Or what of your income was lower than expected meaning you had under-claimed your rebate?  This has an impact too…

Plus – my software won’t allow me to lodge an income tax return where I try to advise that you held private health insurance but don’t provide ALL of the detail… (that’s not just my software, it’s all accounting software)…

In short – I need your private health insurance statement!  Ta…

Regards