A taxpayer may be eligible for an overseas forces tax offset if they derived income from serving in a specified overseas locality as a member of the Australian Defence Force. To claim the full tax offset you must have served in the overseas locality for more than half of the income year (183 days). If […]
Tax Offsets and Rebates
Are you claiming all your tax offsets? Tax offsets and rebates directly reduce the amount of tax payable on your taxable income!
For information on tax offset rates and eligibility in the past, try looking in the Historical Tax Information category.
Taxpayers who live or work in remote areas of Australia may be entitled to a Zone Tax Offset depending on the time spent in the relevant zones. Generally, taxpayers qualify as residents of a zone if they reside there for 183 days or more. This period of stay doesn’t necessarily need to be a continuous […]
In the 2015-16 federal budget, the government announced that it will exclude “fly-in-fly-out” and “drive-in-drive-out” workers from claiming the zone tax offset (ZTO) where their normal residence is not within a “zone”. The measure was not passed by Parliament until late in 2015, but it is now law and is effective from July 1, 2015. […]