Not available in Accountants Office UI Expand |
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expanded | true |
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title | To add or edit the dependant rebates |
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| Click Maintenance > Parameter Tables. The Parameter Tables index is displayed. - Highlight the required table, and click Details.
- Select the relevant category of tax rates for example, Resident or Resident Minors, and click [Enter]. The relevant tax rates table is displayed.
- Click [Dependant Rebates] to open the Dependant Rebates.
- When all the rebate rates for each class of dependant have been entered, click [OK] to save the information.
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Details recordedThe Dependant's Offsets dialog lists all classifications of dependant rebates. The appropriate details must be entered for each of the rebates: the maximum offset for the class of dependant the maximum Adjusted Taxable Income (ATI) which a dependant may derive before the offset cuts out the percentage by which the offset is reduced for the excess above the basic Adjusted Taxable Income
Offset: This is the maximum offset available. ATI: This is the base Adjusted Taxable Income above which the offset will begin to shade out. Reduction%: This is the shading out percentage. |