Mature age worker tax offset
Mature Age Worker Tax Benefits
Tax offsets | Australian Taxation Office
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Mar 24, The Mature Age Worker Tax Offset has been abolished. The Tax and Superannuation Laws Amendment ( Measures No. 5) Bill
Description:Understanding your rights with tax can be the difference between saving a couple hundred thousand dollars or more when you retire, so it is well worth your time to get professional advice and learn the ways you can minimise your tax owing on your superannuation and retirement savings. A tax benefit that is very important to people over the age of 55 years, is that of the mature age worker tax offset and the reason this benefit is valuable is because ot reduces your tax bill directly, as opposed to just reducing your taxable income. What is the mature age worker tax benefit?