BBQ Talk 11

BBQ Talk 11

I heard they were changing the rules for fly in and fly out for tax so I’m not sure if I can claim it this year.

ANSWER

From 1 July 2015 Fly-in-fly-out (FIFO) workers will no longer be eligible to claim the zone offset when working in isolated areas. This will mean that you will still be able to claim it in your 2015 tax return but this will be the last year. Next year, in your 2016 tax return, you should expect less tax back as a result of this.

These changes to zone offsets only affect fly in and fly out workers, so if you have a genuine residency within a zone for more then 183 days you may still be eligible for this offset.


If you’re unsure what this means for you, feel free to call us on 3359 5244, drop us an email or visit us at our office in Aspley!

Agilis Chartered Accountants

Agilis Chartered Accountants

Agilis Chartered Accountants provides tailored accounting services, offering clients a high level of personalised advice and support - from individual tax to business consultancy. With a commitment to driving success, we provide comprehensive accounting and advice solutions that ensure every stage of your journey is met with the utmost efficiency. From startup through expansion and growth, our services make it easier for you to achieve business objectives – ultimately leading towards greater financial stability.