Income Tax Assessment Act 1997
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Hide history noteSECTION 961-55 Who is entitled to the notional tax offset 961-55(1)
You are entitled to a notional tax offset for an income year if:
(a) during the year you have the sole care of another individual (the dependant ) who:
(i) is less than 25 years of age, and is a full-time student at a school, college or university; or
(ii) if subparagraph (i) does not apply - is less than 21 years of age; and
(b) you are entitled to a notional tax offset under Subdivision 961-A for the dependant; and
(c) during the year you did not have a *spouse.
961-55(2)
Paragraph (1)(c) does not apply if, in the opinion of the Commissioner, because of special circumstances, the paragraph should not apply.
961-55(3)
The notional tax offset only affects your *income tax liability as provided for by sections 79A and 79B of the Income Tax Assessment Act 1936 .
Note:
Section 79A of that Act provides a tax offset for residents of isolated areas; section 79B provides a tax offset for members of the Defence Force who are serving overseas.
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