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No change to standard PAYG tax tables for 2019/2020

07/11/2019

No change to standard PAYG tax tables for 2019/2020

The Federal Budget did not result in any changes to tax rates or income thresholds for the 2019-20 income year. Changes announced to the low and middle income tax offsets were only in respect of the amount of that offset, and that is claimable when individuals lodge their income tax return.