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  2. Income tax in Australia - Wikipedia

    en.wikipedia.org/wiki/Income_tax_in_Australia

    A tax offset is a reduction in the amount of tax an eligible taxpayer owes in a given income year. The Australian Taxation Office (ATO) offers various tax offsets to provide targeted assistance to different groups of taxpayers, encouraging certain behaviours or helping those in specific situations.

  3. Stage three tax cuts - Wikipedia

    en.wikipedia.org/wiki/Stage_three_tax_cuts

    The LMITO is a separate and temporary tax rebate introduced by the Morrison government in July 2019 and is available for the 2018–19, 2019–20, 2020–21 and 2021–22 income years only. The maximum amount of LMITO is $1,080, it cannot reduce tax liability below zero dollars, and the offset cuts out when taxable income reaches $126,000.

  4. List of countries by tax rates - Wikipedia

    en.wikipedia.org/wiki/List_of_countries_by_tax_rates

    0% (first €8,700 per year is tax free) 49.5% [172] 21% (standard rate) 9% (essential and selected goods) Under the new policy it is 36% with out a tax free limit. The old system presumes 7.6% gains for investments & 4% gains on banksaldo interest, taxed 36% Taxation in the Netherlands New Zealand: 28% 10.5% [173] 39% [174] 15% Taxation in New ...

  5. Trump’s back in office — here’s what to expect for your taxes ...

    www.aol.com/finance/trump-back-office-expect...

    Under the TCJA, key changes were made to individual tax laws, including the near-doubling of the standard deduction and increasing the child tax credit to $2,000, from $1,000.

  6. Taxation in Australia - Wikipedia

    en.wikipedia.org/wiki/Taxation_in_Australia

    Unlike some other countries, personal income tax in Australia is imposed on an individual and not on a family unit. Individuals are also taxed on their share of any partnership or trust profits to which they are entitled for the financial year. A tax file number is a personal reference number required to pay tax in Australia.

  7. Tax returns in Australia - Wikipedia

    en.wikipedia.org/wiki/Tax_returns_in_Australia

    Australian individual taxpayers can file their return online with the ATO's myTax software, by ordering a printed copy of the tax return form, or with the assistance of a tax agent. Until 2011, the Australian Taxation Office (ATO) published TaxPack, a free document designed to help individuals complete their return. In 2012, TaxPack was ...

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