ETO is received in full when business annual turnover is less than $50,000

ETO is phased out at aggregated turnover of $75,000

ETO eligibility would be restricted if adjusted taxable income exceeds:-

• $75,000 for a single individual; or
• $120,000 for a family

Some activity does not automatically mean a taxpayer is in business, so consider first whether you have any assessable income.

If you decide you are in business, then this offset will be automatically calculated on a micro business tax return figures.