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  

Guide to Subdivision 313-B

SECTION 313-15   What this Subdivision is about  

An amount is included in your assessable income, and you are entitled to a tax offset, if:

(a) an amount is paid in response to a release authority issued in respect of you; and

(b) your entitlement to a credit relating to that amount has not ceased.

The amount included in your assessable income relates to the concessional contributions and total associated earnings that are stated in the relevant first home super saver determination.

TABLE OF SECTIONS

TABLE OF SECTIONS

Operative provisions
313-20	Amount included in assessable income
313-25	Amount of the tax offset