dependant spouse tax offset
May 11th 2011, 3:15 am
#1
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Joined: Aug 2010
Location: Not Brisbane
Posts: 1,210
dependant spouse tax offset
Having just found out about this via this mornings paper, can anyone confirm if the 2k+ offset just reduces your taxable salary by $2k meaning a saving of a few hundred, or it ends up as a $2k rebate?
May 11th 2011, 4:08 am
#2
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Joined: Nov 2007
Location: Scotland
Posts: 3,337
Re: dependant spouse tax offset
You get it as a tax rebate. Luckliy for us the cut to it is for spouses aged under 40, so there is an advantage at last of being an old git. 
Its a nice little limp sum back that we look forward to each year and it comes back alonmg with any other tax rebate you are due
Its a nice little limp sum back that we look forward to each year and it comes back alonmg with any other tax rebate you are due
