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 was wondering if anyone can help me with my current situation. 3 years ago I was in Australia on a working holiday visa. When I left I claimed my super back as I was entitled to it.
Although I’m now In the process of state sponsorship and worried as I’ve heard mixed views that claiming it back when I did, ‘might’ effect my chances of obtaining new visa. Does anyone have more information on this as I am struggling to find the correct answer.