Tax Offsets

Nearly all of the dependant tax offsets including the
dependent spouse tax offset will be abolished from 1 July

Mature Aged Workers Offset will be completely abolished
from 1 July 2014

Savings from MAWO abolition will be used for an
expanded seniors employment incentive payment called

Under Restart a payment of $10,000 will be available to
employers who hire a job seeker aged 50 or over who has
been receiving income support for at least 6 months

Payments to employer will commence after the worker has
been employed for at least 6 months

Seafarer Offset abolished from 1 July 2015

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