What is the Senior Australians tax offset?

The Senior Australians Tax Offset, now part of the Senior Australians and Pensioners Tax Offset (SAPTO), is designed to provide a tax break for low-income, elderly Australians. In order to qualify for the tax offset, you must pass three tests related to age; income; and eligibility for Australian Government pensions.

 

For instance, if you are male, you must be
  • A non-veteran age 65 or older on 30 June 2016, or
  • A veteran or war widower age 60 or older on the same date.

 

And, if you are female, you must be
  • A non-veteran age 64 plus 6 months, or older, on 30 June 2016, or
  • A veteran or war widower age 59 plus 6 months, or older, on the same date.

 

If you are:

  • Single- your rebate income must be less than $50,119
  • Married- your combined rebate income must be less than $83,580.
  • If you and your spouse had to live apart- due to illness or because one of you was in a nursing home your combine rebate, income must be less than $95,198.
  • Rebate income threshold amounts are indexed each year

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