If you have net medical expenses over $2,162* you may be eligible to receive the Net Medical Expense Tax Offset (NMETO).
However, the conditions for receiving the NMETO have been adjusted as part of the ATO’s plan to phase out the NMETO.
To be eligible to claim the NMETO on your 2014 tax return you must
- Have claimed the NMETO on your 2013 tax return
- Or paid for medical expenses relating to disability aids, attendant care or aged care
To be eligible to claim the NMETO on your 2015 tax return you must
- Have claimed the NMETO on your 2014 tax return
- Or paid for medical expenses relating to disability aids, attendant care or aged care
On your 2016, 2017, 2018, & 2019 tax returns, you will NOT be able to claim the NMETO unless you have
- Paid for medical expenses relating to disability aids, attendant care or aged care
In 2020, the NMETO will NOT be available.
*For further information about thresholds please visit https://www.ato.gov.au/Individuals/Income-and-deductions/Offsets-you-can-claim/Medical-expenses/