kmscpa

23 Jun 2008

Family Tax Benefit Part B From 1 July 2008

From 1 July 2008, Eligibility for Family Tax Benefit B to families will be limited to where the primary earner has an adjusted taxable income of $150,000 year or less. This will also apply to related dependency offsets, including the dependent spouse, housekeeper, child housekeeper, parent/parent-in-law and invalid relative tax offsets.

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