Worried you’re missing part of your refund? Remember, the low and middle income tax offset isn’t a refund on its own – it’s used to offset (or reduce) the amount of tax you pay. The offset amount you may be entitled to is automatically applied and could range between $255-$1080, depending on things like your taxable income and how much tax you’ve paid.
I am a sole trader whose income has effectively been $0 since 23 March 2020, I applied for the JobSeeker payment prior to JobKeeper being announced, I reported to centrelink in April to cancelled my Jobseeker payment when my business was approved for Jobkeeper payment ( turnover of less than $50 million and 86% decline). then I received Jobkeeper payment for April 2020. am i eligible for both payment in same time?