Dependent Invalid and Carer Tax Offset Archives - Advice on Australian Tax Returns & Online Tax Advice on Australian Tax Returns & Online Tax

Tag: Dependent Invalid and Carer Tax Offset

Posts Tagged ‘Dependent Invalid and Carer Tax Offset’

New 2017 Australian Tax Offsets!

Tax offsets are coupons from the ATO.

When we go grocery shopping, it makes sense to bring as many coupons as we can to lower how much we pay. Wouldn’t it be great if we could do the same for our taxes? Well, you can! Tax offsets are coupons from the ATO since they help to lower the amount you owe to the ATO. You might be able to qualify for more than one offset. Let us help you lower your tax due and determine which tax offsets are beneficial to you.

 

How do I qualify for an offset?

Read the rest of this entry »

Don’t forget to claim the Dependent Tax Offset for 2014!

Changes for the Dependent Spouse Tax Offset

Although you cannot claim the Dependent Spouse Tax Offset for tax years after 2014, you can claim the Dependent Invalid and Carer Tax Offset for future returns. This offset is for taxpayers who maintain a spouse or relative who is disabled. In order to qualify for this offset, you will need to maintain care for an invalid spouse, parent, child, and brother or sister aged 16 years or older. Relatives will need to be in direct relation to you or your spouse.

In addition to this, the dependent must meet the following requirements:

  • your dependent must be receiving a carer allowance or carer payment
  • they must be receiving a disability support pension
  • they need to receive a special needs disability support pension under the Social Security Act 1991 or an invalidity service pension under the Veterans’ Entitlement Act 1986

For more information on this offset, please go to our blog 10 Australian Tax Offsets To Claim in 2016.

 

Can I still claim the Dependent Spouse Tax Offset?

In 2013, the government reformed the dependent spouse tax offset. Not only that, but in the beginning of 1 July, 2014, the dependent spouse tax offset was abolished. In other words, you won’t be able to claim the offset on your future tax returns.

Fortunately, when filing prior year returns, you can claim the Dependent Spouse Tax Offset for prior year returns going back to 2014.

 

Dependent Tax Offset Limitations

For 2013-2014, you cannot claim this offset for a spouse born on or after 1 July 1952. This has been pushed back nearly twenty years from the 2011-2012 birth requirement of 1 July 1971.

You will be able to claim the dependent spouse tax offset regardless of your spouse’s date of birth if you have a dependent spouse who is an invalid or a carer or if you’re eligible to claim any of the following;

  • zone tax offset
  • overseas forces tax offset
  • overseas civilian tax offset

You can no longer claim them as part of question T1 – Spouse (without dependent child or student). You must claim them at item T5 – Zone or overseas forces. To claim the invalid and carer tax offset, you must claim them at item T7 – Dependent (invalid and carer) tax offset. Read the rest of this entry »