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Cashflow Crunch-ed! Workshop: Where does the cash go, and how to find it in your business faster

Wed, 1 May 2024

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Wed, 29 May 2024

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The Government has cut income tax Posted on July 24, 2019

Tax cut

The cash refund is expected to boost Australia’s sluggish economy in much the same way as the GFC cash stimulus did in 2008.

Here is a summary of who and how much:

  • Earning up to $37,000 you may get up to $255

  • Earning between $37,001 and $47,999, you may receive between $255 and $1,080

  • Earning between $48,000 and $90,000, you may be set to get the full $1,080, and for dual income families on this level of income, you may get $2,160!

  • Earning between $90,001 and $126,000, the “tax relief” tapers off from the $1,080 to $0.

This is, of course dependent on your tax affairs. If you’ve got any questions about your FY2018-2019 tax return, don’t hesitate to give us a call.

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Discover the difference that the right advice can make

Get in touch with our team today and learn how you and your business can grow to the next level. 

be better off.

talk to us Discover the difference that the right advice can make

Get in touch with our team today and learn how you and your business can grow to the next level. From structuring to sustainability, we'll help you reach your financial goals and live the lifestyle you deserve.

be better off.