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.
Congratulations to @Charlotte - you have the very special distinction of being our one-thousandth registered Community member!
To celebrate this momentous occasion, here are one thousand facts about ATO Community:
We have a terrible sense of humour. #sorrynotsorry.
Thank you to all of our Community members, whether you’re here to learn from others, share with others or explain the intricacies of the Australian tax and superannuation systems. We value all of your contributions!
@KelbeM, @BreeH, @JodieH, @AmandaE
Hooray! We reached one thousand Community members!