Document ID: chunk:federal_register_of_legislation:F2023L00533:body:0:p5
Version: federal_register_of_legislation:F2023L00533
Segment Type: other
Provision Reference: 
Character Range: 10484–13637

earlier *income year;

       (5)           was a company that transferred a tax loss or net capital loss to another group company;

       (6)           carried on a business;

       (7)           was entitled to income as a beneficiary of a trust estate that has operated a *primary production business in Australia;

       (8)           had an individual interest in the *net income or *partnership loss of a partnership which operated a *primary production business in Australia;

       (9)           was at all times under 18 years of age and whose income was more than $416 (excluding salary or wages or other payments for work that was personally performed), or whose income from dividends or distributions and franking credits was more than $416;

       (10)       received income that was subject to the provisions of sections 23AF or 23AG of the ITAA 1936 (relating to exempting certain income derived in respect of approved overseas projects and exempting income earned in overseas employment respectively) and received $1 or more of other income;

       (11)       paid an instalment amount under the PAYG instalment system;

       (12)       was a special professional as defined by Division 405 of the ITAA 1997 (relating to authors, inventors, performing artists, production associates and sportspersons);

       (13)       was entitled to claim the private health insurance tax offset under Subdivision 61-G of the ITAA 1997 and did not claim the correct offset as a premium reduction, unless a choice has been made under section 61-215 of the ITAA 1997 (relating to reallocation of the private health insurance offset between spouses);

       (14)       had identified on their payment summary or income statement:

           (a)           reportable fringe benefits; or

           (b)           reportable employer superannuation contributions;

       (15)       derived *assessable income from dividends or distributions and franking credits that was more than $18,200;

       (16)       made one or more personal contributions to a complying superannuation fund or retirement savings account and will be eligible to receive a super co‑contribution in relation to those contributions;

       (17)       has exceeded their concessional or their non-concessional contributions cap for the corresponding financial year;

       (18)       received an Australian superannuation lump sum that included:

           (a)           an untaxed element when aged 60 years or over; or

           (b)           a taxed element or an untaxed element when aged under 60 years.

Table B

Every *person who was not a *full self-assessment taxpayer, except where they are described in Table K, and who was:

    (1)           an Australian resident:

       (a)           for the whole of the *income year, and whose *taxable income for the income year was more than $18,200; or

       (b)           for only part of the *income year, and whose *taxable income exceeded the lesser of $18,200 or $13,464 plus $395 for each month the person was an Australian resident (including the month in which the person became, or ceased to be, an