Excess PHI in TR

  • This happens when client goes to the PHI and either
    • Does not notify the PHI of their correct annual income
    • Does not have adequate cover because they did not take into account the spouse's income
    • OR the premium reduction you enrolled in was high than what you were entitled to

PHI rebate in TR

This happens when 

  • you declare a lower income in your tax return than the income you declared to your PHI.
  • OR the premium reduction you elected was lower than what you were entitled. Aka you did not get the maximum reduction you were entitled to