Tax Tables MEDICAL EXPENSES TAX OFFSET, Australia

TAX OFFSETS
Low income tax offset - 2010/2011
Maximum offset	Shade-out taxable income		Rate of reduction
$1,500	$30,001 – $67,500		$0.04 per $1.00
Senior Australians tax offset (SATO) - 2010/2011
	Maximum offset	Shade-out threshold	Rate of reduction
Single	$2,230	$30,685 – $48,525	$0.125 per $1.00
Couple (each)	$1,602	$26,680 – $39,496	$0.125 per $1.00
Pensioner tax offset - 2009/2010
	Maximum offset	Shade-out taxable income	Rate of reduction
Single	$2,518	$22,787 – $42,931	$0.125 per $1.00
Couple (each)	$1,781	$17,874 – $32,122	$0.125 per $1.00
Dependant spouse tax offset - 2009/2010
	Maximum offset	Shade-out taxable income	Rate of reduction
	$2,243	$282 – $9,254	$0.25 per $1.00
Mature age workers tax offset - age 55 + (MAWTO)
	Maximum offset	Shade-out threshold	Rate of reduction
	$500	$53,001 – $63,000	$0.05 per $1.00

MEDICAL EXPENSES TAX OFFSET
When net medical expenses exceed $1,500, a 20% tax offset is available to resident tax payers on the excess amount. At time of publication, the threshold for the year ended 30 June 2011 is proposed to change to $2000.