Tax deductibility of COVID-19 test expenses
posted in: Business Development, Government Update
After much speculation, the Government announced that COVID-19 tests, including Polymerase Chain Reaction (‘PCR’) and Rapid Antigen Tests (‘RATs’), will be both: ❑ tax-deductible; and ❑ exempt from FBT; broadly where they are purchased for work-related purposes. This will require … Read More