Taxation Determination

TD 97/11ER - Erratum

Income tax: what are the thresholds and limits for superannuation amounts in 1997-1998?

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FOI status:

May be released

NOTICE OF ERRATUM

An error in the calculation of the ETP low rate threshold for the year ended 30 June 1995 has been found.

The threshold was previously reported as: $90,474

The correct threshold is: $90,916

Delete paragraph 7 of Taxation Determination TD 97/11 and replace with the below:

7. For the purposes of section 159SG of the Act, the upper limit for determining the residual amount , i.e., the threshold on the post-June 1983 component of an ETP is:

$90,916 (formerly $86,917).

Commissioner of Taxation
20 June 2001

References

ATO references:
NO 2001/016022

Related Rulings/Determinations:

TD 97/11