INCOME TAX ASSESSMENT ACT 1997
The amount of the * tax offset to which you are entitled in relation to another individual under section 61-10 for an income year is $ 2,423. The amount is indexed annually.
Subdivision 960-M shows you how to index amounts.
[ CCH Note: The Dependant (Invalid and Carer) Tax Offset (DICTO) is $2,717 for the 2018/19 income year and is indexed annually. The offset reduces by $1 for every $4 by which the dependant ' s adjusted taxable income (ATI) exceeds $282. This means that for the 2018/19 year, the DICTO will completely cut-out when the dependant ' s ATI exceeds $11,150.
The amounts of DICTO for previous years are: