About question T14

Were you entitled to a tax offset for interest from the land transport facilities tax offset scheme or infrastructure borrowings scheme or did you perform work or services in the Joint Petroleum Development Area (JPDA) of the Timor Sea?
No	go to Total supplement tax offsets, or   return to main menu Tax return for individuals instructions.
Yes	Read below.

If you can claim more than one of the tax offsets listed above, you will need to add up all your tax offset amounts before writing the total on your tax return (supplementary section).

Part A

Were you entitled to a tax offset for interest from the land transport facilities tax offset scheme or infrastructure borrowings scheme?
No	go to part B below, or   return to main menu Tax return for individuals instructions.
Yes	Read below.

You may be able to claim a tax offset if:

• you derived any interest from the land transport facilities tax offset scheme, or
• you elected to have interest derived from your investment in infrastructure borrowings included as part of your assessable income.

You may be entitled to a tax offset of 30%.

Step 1

Work out the amount of interest derived from the land transport facilities tax offset scheme for which you can claim a tax offset and any amount of interest you received from infrastructure borrowings.

Step 2

Multiply the amount from step 1 by 30, then divide by 100. This is the 30% tax offset for the interest you received.

Part B

Did you receive income for work or services performed in the Joint Petroleum Development Area (JPDA) of the Timor Sea?
No	go to Completing this item below, or   return to main menu Tax return for individuals instructions.
Yes	Read below.

You will need a copy of the Timor Sea Treaty - Joint Petroleum Development Area instructions 2011 (NAT 8277), available on our website, to work out how to deal with your JPDA income. The instruction sheet will tell you how to complete your tax return so that you receive the correct assessment.

Completing this item

Step 1

Add up all your tax offset amounts at this item. Write the total at C item T14 on page 16 of your tax return. Do not show cents.

Step 2

Complete the CLAIM TYPE box at the right of C item T14 as follows:

• If you are claiming a JPDA tax offset under part B, print H in the CLAIM TYPE box.
• If you are claiming a tax offset under the land transport facilities tax offset scheme or infrastructure borrowings scheme under part A, print I in the CLAIM TYPE box.
• If you are claiming for more than one type of tax offset and code letters H and I both apply, choose the code letter that applies to the largest amount and print it in the CLAIM TYPE box.

Where to go next go to Total supplement tax offsets   return to main menu Tax return for individuals instructions   go back to question T13 Entrepreneurs tax offset