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tax offset

Why you’ll get less back at tax time

A tax break for millions of Australians will expire this year as planned amid claims Treasurer Jim Chalmers used the Easter long weekend to bury the news. The low-and-middle-income tax offset handed people earning under $126,000 a year a…

10 million Aussies hit with tax hike

More than 10 million middle-income Australians will cop one of the largest tax increases in Australian history after the May federal budget. The record breaking tax hike comes as households are grappling with high interest rates and…