06. Tax Offsets

Joshua Easton Tax

TAX OFFSETS DIFFERENT TO DEDUCTIONS Tax offsets – which are different to tax deductions – allow some individual and business taxpayers to reduce the amount of tax they pay when they lodge their tax return.Pensioners, small business, low-income earners and parents are among those who may be entitled to this concession. Tax offsets are slightly different to a tax deduction, ...

This content is accessible with a current product subscription; please log in or purchase to read further.