Version:
2018-19
Original Published Date:
28/05/2019 - 12:30pm
Effective Date:
01/07/2019 - 12:00pm
Status:
- Current
Tax Category:
- Payroll
- Tax preparation
Resource Type:
- Statement of formula / rates and thresholds
Description:
Seniors and pensioners tax offset (SAPTO) lodgment thresholds 2018-19.
There are no changes required for 2018-19 – section 3 of the Income Tax Rates Act 1986 and schedule 7 of the Income Tax Rates Act 1986.
There are changes to the personal income tax rates and thresholds, and the introduction of the Low and Middle Income Tax Offset. Details of these changes are now available on ato.gov.au.