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  • Payments and transfers through the income tax system



    This information may not apply to the current year. Check the content carefully to ensure it is applicable to your circumstances.

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    Payments and transfers chapter


    Payments and transfers detailed tables


    Taxation statistics - whole document


    This chapter provides information on payments and transfers, as reported on individual and company tax returns. It covers a range of payments and transfers made through the tax system. Several of these payments provide assistance to families and individuals, such as the first child tax offset, family tax benefit and the private health insurance tax offset. Both the research and development tax offset and the film and television tax offset provide targeted assistance to industry.

    The private health insurance tax offset, the first child tax offset, the research and development tax offset and the film and television tax offset are refundable. This means that these offsets are not limited to the amount of tax payable.

    Other payments made by the ATO are fuel tax credits payments (see Chapter 14) and superannuation co-contribution payments (see Chapter 15).


    For the 2007-08 income year:

    • $2.4 billion was paid in transfers through the tax system for the benefit of families and individuals (excluding the one-off tax bonus payment), a 2.1% decrease from the previous year
    • $388 million in tax offsets were claimed in the research and development industry, an increase of 26.9% over the previous income year
    • $7.7 billion in tax bonus payments were paid to 8.8 million individuals based on their 2007-08 income tax returns.
      Last modified: 24 Mar 2010QC 22511