The ATO Fri 6.7.2012, released a Decision Impact Statement of the decision in AAT Case [2012] AATA 265, Re Lake Fox Limited and FCT. In that case, the AAT held that payments for private health insurance provided to employees by a taxpayer were not exempt benefits as the expenditure was not “in respect of” work-related medical screening or work-related preventative health care under s 58M of the FBTAA. Broadly, the ATO said the decision was consistent was the ATO’s submissions in the case.
[LTN 129, 6/7]