Middle income earners could receive a tax cut within weeks after the government brought forward tax relief worth $17.8 billion to give the COVID-19 crunched economy a much needed boost.
The budget, as forecast, will backdate the stage two tax cuts to July 1 this year. They will also be tweaked to give those on lowest incomes a double tax cut.
Loading...
Sally Patten edits BOSS, and writes about workplace issues. She was the financial services editor and personal finance editor of the AFR, The Age and the Sydney Morning Herald. She edited business news for The Times of London. Connect with Sally on Twitter. Email Sally at spatten@afr.com
