Senior Australians Tax Offset Changes 1 July 2009

From 1 July 2009 the ATO will be using Adjusted Taxable Income (ATI) to calculate various tax offsets and obligations.

Eligibility for the Senior Australians Tax Offset and Pensioner Tax Offset will be based on your "rebate income", arrived at as follows:

  • taxable income
  • adjusted fringe benefits (reportable fringe benefits * 0.535)
  • total net investment loss
  • reportable super contributions.
For more details go to ==> Changes to Income Tests

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