A-Z index

Offsets you can claim

Government allowances and payments and the beneficiary tax offset
If you receive certain Government allowances and payments a beneficiary tax offset may be available to you.
Low and middle income earners
Low or middle income earners may be eligible for both the low income tax offset and low and middle income tax offset. We will work the offset amount out for you when you lodge your tax return.
Medical expenses
The net medical expenses tax offset is no longer available from 1 July 2019. You can only claim the net medical expenses offset for previous income years for expenses relating to disability aids, attendant care or aged care.
Offsets and rebates
You may be eligible for tax offsets that reduce the amount of tax you pay. You claim offsets in your tax return.
Private health insurance
Your entitlement to a private health insurance rebate or tax offset depends on the age of the oldest person covered by your policy and your single or family income.
Research and development tax concession
The research and development tax concession is an ongoing scheme designed to increase the level of R&D being conducted by Australian companies. It is broad-based, not industry specific, and market-driven with the applicant entity deciding upon the scope and timing of the research and development.
Research and development tax incentive
The Research and development (R&D) tax incentive provides a tax offset for eligible R&D activities and is targeted toward R&D that benefits Australia. The incentive, which came into effect on 1 July 2011 and replaces the R&D tax concession, is geared towards encouraging companies to engage in R&D.
Small business income tax offset
The small business income tax offset can reduce the tax on your small business income by up to $1,000 each year from 2015–16.
Super related tax offsets
There are two super-related tax offsets. These relate to your super income stream and spouse super contributions.
Tax offsets
You or your carer may be eligible for one or more tax offsets (or rebates) and these offsets could reduce the amount of tax you have to pay.
Zones and overseas forces
If you live in a remote area or serve in forces overseas, you may be eligible for a zone tax offset or an overseas forces tax offset.