INCOME TAX ASSESSMENT ACT 1997

CHAPTER 2 - LIABILITY RULES OF GENERAL APPLICATION  

PART 2-20 - TAX OFFSETS  

Division 61 - Generally applicable tax offsets  

Subdivision 61-A - Dependant (invalid and carer) tax offset  

Amount of the dependant (invalid and carer) tax offset

SECTION 61-45   61-45   Reductions to take account of the other individual ' s income  


The amount of the * tax offset under sections 61-30 to 61-40 in relation to the other individual for the year is reduced by $ 1 for every $ 4 by which the following exceeds $ 282:


(a) if you contribute to the maintenance of the other individual for the whole of the year - the other individual ' s * adjusted taxable income for offsets for the year;


(b) if paragraph (a) does not apply - the other individual ' s * adjusted taxable income for offsets for that part of the year during which you contribute to the maintenance of the other individual.


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