Partners for Tax Purposes

TAX RETURN ONLINE

You are required to report your partner details on your tax return. Your partner for tax purposes includes another person (of any sex) who:

– you were in a relationship with and was registered under a prescribed territory or state law
– although not legally married to you, lived with you on a genuine domestic relationship as a couple.

In order to determine whether you have been living together on a genuine domestic relation, look at a range of factors such as:

– The duration of your relationship
– Your living arrangements together
– How your finances are arranged – the degree of financial dependence and interdependence
– Whether a sexual relationship exists
– The way you present your relationship in public
– The degree of mutual participation in a shared life
– Whether you both own a property together and how you have bought this property
– Whether your relationship is registered with the state
– Whether you have or care for children together
– Whether you have joint accounts or statements

Other factors may also be taken into account.

Including your spouse’s income is effective as it is used to work out whether you:

– are entitled to a rebate for your private health policy
– are entitled to seniors and pensioners tax offset
– are entitled to a Medicare levy reduction
– are required to pay Medicare levy surcharge.

 

Lodging your Online Tax Return at TaxRunner is easy and quick now.

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