From 1 July 2012, the Mature Age Worker Tax Offset (MAWTO) - like so From 1 July 2009, and the introduction of new income tests, it also.
box beside it. HELPFUL HINTS. If you were 55 years old or older on 30 June 2009, you may be entitled to the mature age worker tax offset.
TaxPack 2009 supplement contains instructions for completing the calculate your mature age worker tax offset entitlement. STEP 1 Add up.
The Mature Age Worker Tax Offset ("MAWTO").. is set at a maximum of $500 for Australian resident workers over the age of 55 years at 30 June.
The low income tax offset is designed to reduce the tax paid by Australian low‑ to $1,200 and will rise to $1,350 and $1,500 in 2009‑10 and 2010‑11 respectively. The mature age worker tax offset is aimed at encouraging older workers to.