tax cuts

Employers Need To Apply Recent Tax Cuts As Soon As Possible

By Warren Kruger / November 9, 2020 / 0 Comments

  | | | The ATO has now updated the tax withholding schedules to reflect the 2020/21 income year personal tax cuts – the updated schedules are available at ato.gov.au/taxtables. The ATO has said that employers now need to make adjustments in their payroll processes and systems in order for the tax cuts to be […]

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Tax Cuts Pass Parliament

By Warren Kruger / November 2, 2020 / 0 Comments

  | | | The Government announced various tax measures in the 2020 Budget on 6 October 2020, and it was able to secure passage of legislation containing some of the important measures very shortly afterwards, as summarised below. The Government brought forward ‘Stage two’ of their Personal Income Tax Plan by two years, so […]

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