Individual Articles

2022 Federal Budget – Individuals

The 2022-23 Federal Budget has been released. What’s in it for you includes: Individuals Low & Middle Income Tax Offset has a One Off Increase of $420 to $1,500. This is received as a rebate on lodgement of your 2022 Tax Return from 1 July this year. Costs of...

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Government Assistance for Lockdowns

Due to the continued lockdowns, more people are requiring Government assistance from lost work or the effects on their business. If you are in this position, we have provided a Summary to help you here. Federal Government Assistance on Page 1 NSW Government Assistance...

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2021 Federal Budget – Individuals

The 2021-22 Federal Budget has been released. The Main Points include: Individuals The Low & Middle Income Tax Offset has been Retained for the 2021-22 Financial Year. Continuing this tax offset provides a rebate of up to $1,080 each on lodgement of an Individual...

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2019 Federal Budget Changes – Individuals

Personal Tax Cuts Targeting Low and Middle Income Earners More than Double the Low and Middle Income Tax Offset Increase the Low and Middle Income Tax Offset from 1 July 2018 for this Current 2019 Financial Year from $530 up to a maximum $1,080 to be received on...

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