able income</dt><dd><p>The tax as specified in Schedule 7 of the 
<em>Income Tax Rates Act 1986</em> (Cth).</p></dd>
<dt>Medicare levy</dt><dd><p>See <code><a href='medicare_levy.html'>medicare_levy</a></code> for details.</p></dd>
<dt>LITO</dt><dd><p>See <code><a href='lito.html'>lito</a></code> for details.</p></dd>
<dt>SAPTO</dt><dd><p>See <code><a href='sapto.html'>sapto</a></code>. For years preceding the introduction of SAPTO, 
the maximum offset is assumed to apply to those above age 65 (since the sa