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Low Income Tax Offset – Historical Rates

Low income tax offset historical rates

Below you will find rates and thresholds for the Low Income Tax Offset (LITO)  in earlier income tax years.

For further details about this tax offset and updated information (including recent changes), see Low Income Tax Offset 2011-12.

 2010-11

Low income tax offset 2011

2009-10

Low income tax offset 2010

2008-09

Low income tax offset 2009

2007-08

Low income tax offset 2008

2006-07

Low income tax offset 2007 Online Calculator

The Tax Office have an online LITO calculator available to help you work out whether you are eligible for LITO and how much you’re entitled to.

This post was last modified: Nov 5, 2012 @ 2:26 pm

Information provided on this site is for general guidance only. It is not intended as specific advice to any reader.
The rules governing taxation, superannuation and business are constantly changing.
Be sure to seek personal, professional advice before acting on any information found online.