FAQ tax calculation for part-year residents
1) Tax free threshold
Please refer to https://www.ato.gov.au/Individuals/Ind/Tax-free-threshold-for-newcomers-to-Australia/ for the calculation.
2) Low Income Middle Income Tax offsets
As per the Income Tax Assessment Act 1997, Section 61-100 Entitlement to the Low Income tax offset
61-110 (1) You are entitled to a *tax offset for the 2022-23 income year or a later income year if:
(a) you are an individual who is an Australian resident at any time during the income year; and
(b) your taxable income for the income year does not exceed $66,667