Income Tax Assessment Act 1997

CHAPTER 3 - SPECIALIST LIABILITY RULES  

PART 3-30 - SUPERANNUATION  

Division 313 - First home super saver scheme  

Subdivision 313-B - Assessable income and tax offset  

Operative provisions

SECTION 313-25  

313-25   Amount of the tax offset  

You are entitled, for the income year mentioned in section 313-20 , to a *tax offset that is equal to 30% of your *assessable FHSS released amount for the income year.

Note:

This offset cannot be refunded, transferred or carried forward (see item 20 of the table in subsection 63-10(1) ).