PERSONAL TAXATION Personal tax cuts: low–mid tax offset increase now; more rate changes from 2022 In the 2019–2020 Federal Budget, the Coalition Government announced its intention to provide further reductions in tax through the non-refundable low- and middle-income tax offset (LMITO). Under the changes, the maximum reduction in an eligible individual’s tax from the LMITO … Continue reading BUDGET – SPECIAL EDITION