T9 Other refundable tax offsets 2024

Things you need to know

Are you the principal beneficiary of a Special disability trust entitled to a tax offset for tax paid by the trustee? or Did you receive exploration credits?

• No – Go to Total supplement tax offsets 2024.
• Yes – Read on.

If you can claim more than one of the tax offsets listed above, you will need to add up all your tax offset amounts before writing the total in your supplementary tax return.

Part A

Are you the principal beneficiary of a special disability trust entitled to a tax offset for tax paid by the trustee?

• No – Go to Part B.
• Yes – Read on.

If the trustee of the special disability trust has lodged a tax return and paid tax on the net income of the trust, you are entitled to claim the amount of the tax paid by the trustee as a refundable tax offset.

For more information, see Reporting the income of a special disability trust.

Part B

Did you receive exploration credits?

• No – Go to Completing your supplementary tax return.
• Yes – Read on.

You may be entitled to a tax offset for exploration credits received during the income year if you were an Australian resident for the whole of the income year.

The amount of the tax offset is the total value of exploration credits you received in the income year. However, special rules may apply where you have received exploration credits from a partnership or a trust.

For more information, see Junior Minerals Exploration Incentive.

Completing your supplementary tax return

To complete this question, follow the steps below.

Step 1

Add up your other refundable tax offset amount at this question. Write the total at question T9 – label P. Don't show cents.

Step 2

Complete the Code box at question T9 – label P as follows:

• If you are only claiming a tax offset as the principal beneficiary of a special disability trust under Part A, print S in the Code box.
• If you are only claiming a tax offset for exploration credits under Part B, print E in the Code box.
• If you are claiming both tax offsets, print M in the Code box.

Where to go next

• Go to Total supplement tax offsets 2024.
• Return to main menu Individual tax return instructions 2024.
• Go back to question T8 Early stage investor 2024.