• Abolition of the seafarer tax offset


    In the 2014–15 Budget, the government announced the abolition of the seafarer tax offset from 1 July 2015. When enacted, the tax offset will not apply for assessments for the 2015–16 income year and later income years.

    This refundable tax offset started from 1 July 2012 for employers of certain Australian seafarers. A company employing Australian seafarers on prescribed overseas voyages made by certified vessels may be entitled to claim the seafarer tax offset.

    Legislation and supporting material

    On 27 May 2015 the measure was reintroduced in Tax and Superannuation Laws Amendment (2015 Measures No.3) Bill 2015. You can track the progress of this Bill hereExternal Link.

    More information

    For more information, refer to Budget 2014–15 – Budget Paper No.2External Link (PDF 3.0MB) – page 212.

      Last modified: 11 May 2016QC 40283