How you could be $1000 better off every year under new plans to change Australia’s tax return system
Taxpayers could save $1000 a year under new plans to change Australia’s tax return system.
The end of annual returns to the Australian Tax Office and a new plan for a standard deduction system means as many as 80 per cent of Australians could pay up to $1000 less.
Blueprint Institute, an Australian think tank, is proposing a $3,000 standard tax deduction for work-related expenses.
More to come
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