INCOME TAX ASSESSMENT ACT 1997

CHAPTER 1 - INTRODUCTION AND CORE PROVISIONS  

PART 1-4 - CHECKLISTS OF WHAT IS COVERED BY CONCEPTS USED IN THE CORE PROVISIONS  

Division 13 - Tax offsets  

SECTION 13-1   13-1   List of tax offsets  


The provisions set out in the list allow you a tax offset.

Provisions of the Income Tax Assessment Act 1997 are identified in normal text. The other provisions, in bold , are provisions of the Income Tax Assessment Act 1936 .


Aboriginal study assistance
see social security and other benefit payments
annual leave
see leave payments
annuity
see superannuation
approved deposit funds (ADFs)
see dividends
attribution managed investment trusts
non-resident beneficiary 276-110
averaging
see primary production
bonuses
see life assurance
child
increased tax payable under Part III Division 6AA, unreasonable 102AH
trust income 100(2)
[ child/housekeeper] (Repealed by No 70 of 2015)
corporate unit trusts
see dividends
Cyclone Larry or Cyclone Monica income support payment
see social security and other benefit payments
defence force
members serving overseas 79B
dependants
invalid relative, invalid spouse or carer in receipt of carer benefit Subdivision 61-A
dividends
general 207-20(2) , 207-45 , 207-110(2) (c), 210-170(1)
early stage venture capital limited partnerships
contributions to ESVCLPs Subdivision 61-P
[ education expenses] (Repealed by No 50 of 2012)
[ drought relief] (Repealed by No 179 of 1997)
employment termination
employment termination payments 82-10 , 82-70
see leave payments, superannuation and sections 82-10A and 82-10C of the Income Tax (Transitional Provisions) Act 1997
[ entrepreneurs ' tax offset] (Repealed by No 23 of 2012)
Equine Workers Hardship Wage Supplement Payment
see social security and other benefit payments
[ exceptional circumstances relief] (Repealed by No 13 of 2014)
exploration for minerals
junior minerals exploration incentive Subdivision 418-B
[ farm help income support] (Repealed by No 13 of 2014)
[ farm household support] (Repealed by No 97 of 2008 )
film
Division 376
[ films] (Repealed by No 143 of 2007 )
foreign income tax
foreign income tax paid, tax offset for Division 770
franking deficit tax
liabilities to pay 205-70
franked dividends
see dividends
hardship
see child
[ housekeeper] (Repealed by No 70 of 2015)
housing
National Rental Affordability Scheme Division 380
imputation
see dividends and franking deficit tax
[ infrastructure] (Repealed by No 4 of 2018)
innovation companies
certain shares issued to early stage investors Subdivision 360-A
inter-corporate dividends
see dividends
interest
tax paid on by company 127
interim income support payment
see social security and other benefit payments
invalid relative
see dependants
[ land transport facilities borrowings] (Repealed by No 41 of 2011)
leave payments
unused annual leave payment 83-15
unused long service leave payment 83-85
see employment termination
legal disability
see trusts
life assurance
bonus, receipt of 160AAB
life insurance company
subsidiary joining consolidated group 713-545(5)
long service leave
see leave payments
[ losses] (Repealed by No 96 of 2014)
low income earner
aged or pensioner beneficiary, trustee liable to be assessed for beneficiary ' s share of net income of trust estate 160AAAB
aged person or pensioner 160AAAA
general Subdivision 61-D
tax offset for 2021-22 income year and earlier income years 159N
lump sum income arrears
receipt of 159ZRA , 159ZRB , Subdivision 61-L
[ mature age workers] (Repealed by No 20 of 2015)
[ medical expenses] (Repealed by No 11 of 2014)
non-resident beneficiary
see trusts
non-resident trust estate
see trusts
overseas defence force service
see defence force
[ overseas tax] (Repealed by No 143 of 2007 )
[ parent/parent-in-law] (Repealed by No 70 of 2015)
partnerships
see dividends , housing and small business entities
pension
see social security and other benefit payments
pooled superannuation trusts (PSTs)
see dividends
primary production

averaging of income, trustees 156
averaging of tax liability, individuals 392-35(2)
farm household allowance
  see social security and other benefit payments
interim income support payments
  see social security and other benefit payments
private health insurance Subdivision 61-G
public trading trust
see dividends
public unit trust
see dividends
R & D Division 355
[ rebatable ETP annuity] (Repealed by No 15 of 2007)
[ research and development] (Repealed by No 93 of 2011)
residents of isolated areas
see zone
[ restart income support] (Repealed by No 144 of 2000)
[ savings and investment income] (Repealed by No 60 of 1999)
[ shipping income] (Repealed by No 143 of 2007 )
sickness benefits
see social security and other benefit payments
small business
small business income Subdivision 328-F
[ small business entities] (Repealed by No 23 of 2012)
social security and other benefit payments
Aboriginal study assistance scheme 160AAA(3)
children, assistance for isolated 160AAA(3)
Cyclone Larry or Cyclone Monica income support payment 160AAA(3)
Disaster income support allowance for special category visa (subclass 444) holders 160AAA(3)
Equine Workers Hardship Wage Supplement Payment 160AAA(3)
farm household allowance under the Farm Household Support Act 2014
see unemployment, sickness and other benefit payments under the Social Security Act 1991
interim income support payment 160AAA(3)
pension, social security pension and veteran ' s pension 160AAAA
textile, clothing and footwear allowance 160AAA(3)
unemployment, sickness and other benefit payments under the Social Security Act 1991 160AAA(3)
[ sole parent] (Repealed by No 83 of 1999)
[ spouse] (Repealed by No 70 of 2015)
superannuation
generally Divisions 301 and 302
associated earnings on non-concessional contributions Subdivision 292-B
spouse contributions Subdivision 290-D
death benefits 302-75 , 302-85 , 302-145
excess concessional contributions 291-15(b)
first home super saver scheme 313-25
member benefits 301-20 , 301-25 , 301-35 , 301-40 , 301-95 , 301-100 , 301-105 , 301-115
TFN quoted to superannuation or RSA provider after no-TFN contributions tax paid 295-675
[ superannuation funds] (Repealed by No 15 of 2007)
[ tax credit] (Repealed by No 143 of 2007 )
termination payments
see employment termination, leave payments and superannuation
trustee
see dividends , low income earner and trusts
trusts
beneficiary in a foreign trust 98B
non-resident beneficiary 98A(2)(a)
trust income of beneficiary with legal disability 100(2)
trust income (modifications for special disability trusts) 95AB(5)
see also dividends , housing and small business entities
United Nations forces
salary, wages and allowances from service as a member of 23AB(7)
unemployment benefits

see social security and other benefit payments
unit trusts
see dividends
[ water] (Repealed by No 84 of 2013)
winding-up of non-resident trust estates
see trusts
withholding payments
made by companies to Australian seafarers Subdivision 61-N
zone
residents of isolated areas 79A


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