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.
on 3 October 201702:07 PM - last edited on 13 March 201911:28 AM by PaulATO
Whether you asked questions or watched from the sidelines, we hoped you’re feeling more confident getting your tax return together for 2017. You still have until 31 October to lodge your tax or get in touch with a tax agent, and we’ll still be here to help you out if you need more information.
Thank you so much for joining our inaugural AMA! Our guest contributors @KimH and @LukeR are heading off, but @JodieH and @AmandaE will be here for the rest of the afternoon to answer your questions. Don’t forget, you can ask us your tax and super questions any time over on our main boards.
If you’d like to give us feedback to make our next one even better, click the Feedback button up the top or send us an email.