Seniors and pensioners tax offset

Seniors and pensioners tax offset (SAPTO) lodgment thresholds 2020–21.

The calculation for SAPTO no longer includes the Low income tax offset (LITO).

Instead, a defined term '159N rebate maximum amount' of $445 is used in Section 4 of the Income Tax Assessment (1936 Act) Regulations 2015. The calculations are in section 9.

The LITO which is $700, can now be found under section 61-110 and 61-115 of the Income Tax Assessment Act 1997.

See below for further information about the law.

Find out more:
Low and middle income tax offset
Income Tax Assessment (1936 Act) Regulation 2015
Income Tax Assessment Act 1997