We are about to find out whether we’ll lose a tax break worth up to $1,080 a year. Treasurer Josh Frydenberg says he hadn’t “made any final decision” on the A$7.8 billion per year low and middle ...
The Low and Middle Income Tax Offset (known as the LMITO or “lamington”) has been given yet another new lease of life. Which is odd, because, being a delayed payment (it is only paid out as tax ...
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