What is a Low Income Super Tax Offset?

What is the amount I will receive under LISTO? The maximum offset an individual can receive is $500. The amount you get is calculated based on your taxable income and contributions made to your super fund. On the other hand, the minimum amount is $10. In the event that the amount due is less than […]

What Is All About “1080 Tax Offset 2021”?

Millions of Australian workers are set to enjoy a tax offset for a longer period, thanks to the federal government. This is a plan that targets the low and middle-income earners in Australia. There are plans to extend the tax offset, which means that the workers will keep most of their income. The tax offset[.....]