AUSactive has put forward a budget submission proposal to the Federal Government that will not only help with the cost of living for many Australians but also get more people active by allowing fringe benefit tax (FBT) exemptions for fitness, for gym memberships to be tax deductible and to start a national public health campaign to increase physical activity.
With the Federal Budget approaching, AUSactive is asking the government to:
- Grant employees an exemption under the fringe Benefit Tax (FBT) legislation to enable them to provide their staff with gym memberships without penalty
- Allow Australians to claim an income tax deduction for bona fide active health participation and gym memberships; and
- Enable partnerships between AUSactive and grassroots organisations to develop and implement a national public health campaign to educate Australians about the vital role of physical activity in enhancing their physical and mental well-being.
For more information and to sign the petition https://ausactive.org.au/tax-deductibility-sign-the-petition/