Senior and Pensioner Tax Offset - T1
I am wondering when a fix for the above will ever be implemented?
Elite is calculating the T1 offset for those that are 65, when the relevant threshold age (for a non-veteran) is 66.
This has been a problem since the 2018 financial year software was released, when the age increased from 65 to 65.5 years of age.
I had an at length conversation with a Reckon Elite manager back in 2018 about this and still it is not fixed.
Every two years, the age threshold changes by half a year until the 2024 financial year, when it reaches 67 years of of age (for non-veterans).
Can someone please advise?