Re: 16th Ed-Solution -Page6
Could anybody can help explain
Total tax $645, but limited to $152 ?
Because both of The low-income-tax-offset (LITO) and low-and-middle-income-tax-offset (LMITO) are non-refundable rebates.
Note that the offset cannot be applied against any Medicare levy payable and can only reduce the amount of tax payable by an individual to nil (i.e. any excess tax offset is non-refundable).
oh I got it , thank you for your explanation.
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