Low and middle income tax offset is now law

Original Published Date: 

08/07/2019 - 02:00pm

Status: 

  • Current

Tax Category: 

  • Payroll
  • Tax preparation
  • Business accounting
  • Superannuation
  • Investment bodies

Resource Type: 

  • Newsroom

Description: 

The Treasury Laws Amendment (Tax Relief So Working Australians Keep More Of Their Money) Act 2019 has received royal assent and is now law.

Updates will be required to your software to reflect changes to income thresholds and tax offsets as detailed in Change Advice 2019-207. To view controlled information you must be logged in and have been granted access.

These changes were announced as part of the 2019-20 Federal Budget and further information is available at Building on the Personal Income Tax Plan.

If you have any questions, contact the Digital Partnership Office via Online services for DSPs or email DPO@ato.gov.au.

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