Original Published Date:
- Tax preparation
- Statement of formula / rates and thresholds
Note: There are 2 work sheets for 2015-16. This is due to the pending legislation to repeal the spouse offset. It is anticipated that this will pass before 30 June. Should legislation not proceed, another worksheet is included covering the tax offsets as in previous years. The first worksheet is named ‘2015-16 repeal DSTO’; the second one called ‘2015-16 – no repeal DSTO’. It is recommended to use the first worksheet until such time as we are advised that the law change will not be going ahead.
The daily rate has been calculated using 366 days given that 2015-16 is a leap year.