Income Tax Assessment Act 1997
View history note
Hide history noteSECTION 313-15 What this Subdivision is about
An amount is included in your assessable income, and you are entitled to a tax offset, if an amount is paid in response to a release authority issued in respect of you.
The amount included in your assessable income relates to the concessional contributions and total associated earnings that are stated in the relevant first home super saver determination.
[ CCH Note: S 313-15 will be amended by No 75 of 2023, s 3 and Sch 4 item 9, by substituting " : An amount is included in your assessable income, and you are entitled to a tax offset, if: (a) an amount is paid in response to a release authority issued in respect of you; and (b) your entitlement to a credit relating to that amount has not ceased. " for " An amount is included in your assessable income, and you are entitled to a tax offset, if an amount is paid in response to a release authority issued in respect of you. " , effective 15 September 2024. For application and transitional provisions, see note under s 306-10 .]
| Operative provisions | |
| 313-20 | Amount included in assessable income |
| 313-25 | Amount of the tax offset |
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