An event that we have become accustomed to every 1 April, is that the amount of the Private Health Insurance (‘PHI’) rebate decreases.

The Australian Government rebate on PHI is annually indexed on 1 April by a Rebate Adjustment Factor (‘RAF’) representing the difference between the Consumer Price Index and the industry weighted average increase in premiums.

The RAF for 2022 has been calculated as 1. This means there will be no changes to the PHI rebate on 1 April 2022.

Also discussed in this month's edition:

• Disclosure of business tax debts
• High Court rejects attempt to disclaim interest in trust distribution