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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