How much you can benefit depends on your company turnover and your company tax position. Use the chart to identify the benefit relevant for you.
*Refundable tax offset: once a company’s tax liability is reduced to zero, companies may access a cash refund for any unused offset amount.
**Non-refundable tax offset: companies cannot access a cash refund for any unused offset amount once their liability has been reduced to zero. However, these excess offsets may be carried forward into future income years.