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 |
Disclaimer and notice of copyright applicable to materials provided by CCH Australia Limited
CCH Australia Limited ("CCH") believes that all information which it has provided in this site is accurate and reliable, but gives no warranty of accuracy or reliability of such information to the reader or any third party. The information provided by CCH is not legal or professional advice. To the extent permitted by law, no responsibility for damages or loss arising in any way out of or in connection with or incidental to any errors or omissions in any information provided is accepted by CCH or by persons involved in the preparation and provision of the information, whether arising from negligence or otherwise, from the use of or results obtained from information supplied by CCH.
The information provided by CCH includes history notes and other value-added features which are subject to CCH copyright. No CCH material may be copied, reproduced, republished, uploaded, posted, transmitted, or distributed in any way, except that you may download one copy for your personal use only, provided you keep intact all copyright and other proprietary notices. In particular, the reproduction of any part of the information for sale or incorporation in any product intended for sale is prohibited without CCH's prior consent.
