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Tax cuts 2019: How much you’ll get for every income bracket revealed

The tax cut deal is done and millions of Aussies will soon get a nice little windfall from the ATO into their bank accounts. SEE HOW MUCH YOU’LL GET FOR EVERY INCOME BRACKET

What the new income tax cuts mean

The tax cuts deal is done and millions of Australians will soon get a nice little windfall from the Australian Tax Office after the Coalition’s income tax package officially passed parliament last night.

Low and middle income earners can expect up to $1080 extra in their wallets once their latest tax return is processed.

SCROLL DOWN TO SEE THE TABLE OF TAX CUTS FOR EVERY INCOME BRACKET

Those earning between $40,000 and up to $126,000 as a single income earner will receive a tax offset of up to $1080, while higher-income earners will receive larger tax cuts from 2024/25.

TAX CUTS: CALCULATE HOW MUCH YOU’LL GET BACK

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Original URL: https://www.couriermail.com.au/news/queensland/tax-cuts-2019-how-much-youll-get-for-every-income-bracket-revealed/news-story/a9cdd62571053475c943a46056b0104f