That is correct. Anywhere between 18.6% and 20% depending how...

That is correct. Anywhere between 18.6% and 20% depending how they allocate it. That was the % last year we got and this year its $1.4m. Divide that by the amount raised which is not absolutely certain but likley $7m maybe $7.5m tops. I noticed page 8 said the reasons for the raise to sophs included the LTR pmt but pg 4 for retail did not. This could boost it to 23% if they exclude that extra $1.5m raised for only retail anyway.
I would bank on 18% and you may get extra.
Also its a tax offset not deduction. That is for example if you have $1000 in gross tax to pay it will go to zero if you have $1000 offset. I think it works like franking credits and you get a refund if you have no/less tax payable. But dont quote me on that!