BANKS banks and financial institutions

Coming back with a vengeance!, page-34

  1. 1,383 Posts.
    My understanding is you dont actually need to offset it against tax but can use it as a tax credit. ie if you already pay no tax, the taxman will give you the cash.

    Is this correct? (Seeing as I just received about $11k of tax credits in the mail today). If not - I better make some income fast.
 
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