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ATO Issues Notice Regarding 2020-21 Personal Tax Cuts

|Approved Changes|Australia
Australia

The Australian Taxation Office (ATO) has issued a notice regarding the 2020–21 personal tax cuts, which were approved as part of the Budget 2020-21 and backdated to 1 July 2020 ({News-2020-10-12/A/2-previous coverage}).

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2020–21 personal tax cuts

On 6 October 2020, the Australian Government introduced personal income tax cuts as part of the 2020–21 Budget. These tax cuts bring forward l…

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