Income Tax Assessment (1936 Act) Regulation 2015
Purpose of this section
9(1)
This section defines concepts that are relevant to working out:
(a) whether:
(i) a taxpayer who is an individual is entitled to a rebate under section 160AAAA of the Act for a year of income; or
(ii) a taxpayer that is a trustee is entitled to a rebate under section 160AAAB of the Act for a year of income in respect of a beneficiary who is an individual; and
(b) the amount of the rebate.
Base rebate amount
9(2)
The base rebate amount , for the rebate, is:
(a) the amount in the item of the following table that applies to the individual mentioned in subparagraph (1)(a)(i) or (ii); or
(b) if more than one item of the table applies to the individual - whichever amount in the applicable items gives the taxpayer the greatest rebate entitlement.
| Base rebate amount | ||
| Item | Column 1 | Column 2 |
| Class of individual | Base rebate amount | |
| 1 | An individual who, at any time during the year, is not a spouse of another individual | $2 230 |
| 2 | An individual who, at any time during the year, is a spouse of another individual | $1 602 |
| 3 | A member of an illness-separated couple (within the meaning of the Social Security Act 1991 ) | $2 040 |
Note:
For the purposes of subsection 11(2) , the base rebate amount may be affected by section 12 .
9(3)
For the purposes of items 1 and 2 of the table in subsection (2), spouses living separately and apart on a permanent basis are treated as not being spouses of each other.
Rebate threshold
9(4)
The rebate threshold , for the rebate, is:
(a) the amount worked out using the formula in subsection (5); or
(b) if that amount is greater than the 159N rebate reduction threshold - the amount worked out using the formula in subsection (6) of this section.
9(5)
For the purposes of paragraph (4)(a), the formula is:
Note:
For the purposes of subsection 11(2) , the base rebate amount may be affected by section 12 .
9(6)
For the purposes of paragraph (4)(b), the formula is:
Note:
For the purposes of subsection 11(2) , the base rebate amount may be affected by section 12 .
9(7)
For the purposes of the formula in subsection (6), the formula in this subsection is:
Rounding
9(8)
The amount worked out under subsection (5) or (6) must be rounded up to the nearest whole dollar, if the amount is not an amount of whole dollars.
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