childcare fees as a tax deduction

by

Ed.

From www.theguardian.com: Arnold Bloch Leibler law firm plans to challenge a 50-year-old legal precedent that prevents parents from claiming childcare fees as a tax deduction in Australia.

The firm argues that the Income Tax Assessment Act is outdated and does not account for modern family structures, which increasingly rely on dual incomes for financial stability.

They believe allowing childcare deductions would enhance workforce participation, especially for women, and boost overall economic productivity.

Filed under: Tax - Individuals