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09 Payments and transfers through the income tax system

OVERVIEW

For the 2010-11 income year:

  • $912 million was paid in transfers through the tax system for the benefit of families and individuals
  • $698 million was paid in education tax refunds, an increase of 4.0% from 2009–10
  • $614 million in tax offsets were claimed in the research and development industry, an increase of 12.0% over the previous income year.

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