What the $1,080 Tax Cut Means for You
We want to be the FIRST to give you the low-down on this massive tax cut that will more than likely mean a bigger refund in your pocket!
Australians earning up to $126,000 will get “tax relief” packages of up to $1,080. If you’re earning up to $37,000 you’ll get up to $255.
And if you’re earning between $37,001 and $47,999 you’ll receive between $255 and $1,080.
If you’re earning between $48,000 and $90,000, you’re set to get the full $1,080, and if you’re in a dual income family, you’ll get $2,160.
Once you’re earning between $90,001 and $126,000, the “tax relief” will taper off from $1,080 to $0.