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13 May 09 Total net investment losses

From 1 July 2009, a taxpayer's total net investment loss will be used to work out whether they meet the income tests for the following tax and transfer programs:

  • Medicare levy surcharge
  • Higher Education Loan Programme and Student Financial Supplement Scheme debts
  • Dependency tax offsets
  • Senior Australians tax offset.
For more information, go here.

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