Individual: Offsets

Senior tax Offset (SAPTO)
The Seniors and Pensioners Tax Offset (SAPTO) provides tax relief to eligible seniors and pensioners. Eligibility for SAPTO is linked to the age pension eli...
Wed, 8 Oct, 2025 at 1:36 PM
T1 Seniors & Pensioners (SAPTO) for Widow/er
TABLE OF CONTENTS Activation Tax Offset Code Income Limits and Offset Amount The Seniors and Pensioners Tax Offset amount depends on the taxpayer’s reb...
Wed, 8 Oct, 2025 at 1:54 PM
How Lumpsum tax offset calculated?
Lump sum tax offset is Tax on taxable income less tax on income rather than Lump sum A less tax on Lump sum A. The offset is the difference between the mar...
Wed, 23 Apr, 2025 at 1:58 PM
Invalid Carer Tax Offset
LodgeiT calculated by an algorithm and based on the ATO If the result with LodgeiT is not matching with the ATO calculator, please send us the copy...
Wed, 11 Dec, 2024 at 10:32 AM
Invalid Careers Payment (T5)
Illustration: In this case, we submitted a claim on behalf of a client, but the ATO contacted us because the system had miscalculated the offset amount. In...
Wed, 18 Dec, 2024 at 2:25 PM
Capital losses in the Managed fund section
Question:  How to put capital losses in the managed fund section and offset these against capital gains? Answer: Other refundable tax offsets: exploration ...
Thu, 12 Dec, 2024 at 12:44 PM
Label T3: Superannuation contributions on behalf of your spouse
Illustration: How to claim $3,000 for spouse as deduction?  Activate "Tax Offsets" from Financial Image and fill the T3 Section Learn more from ...
Thu, 2 Oct, 2025 at 1:51 PM
Label T1: Tax Offset for Single Parent
Label T1 is used to claim the Tax Offset for Single Parents who meet specific eligibility criteria for the financial year. Label T1 under the Offsets secti...
Thu, 10 Jul, 2025 at 8:32 AM
Issues with Excess Concessional Contributions Tax Offset (Division 293)
Understanding How LodgeiT Calculates the Tax Offset: Division 293 tax is an additional tax of 15% on taxable concessional contributions for high-income ear...
Tue, 29 Jul, 2025 at 3:15 PM