GRL May 2017 Newsletter

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By |June 2nd, 2017|

Budget 2017 Announcements Lower Tax Rate Thresholds lifted From 1 April 2018 the two lower rate income thresholds are being increased from $14,000 to $22,000 (tax rate 10.5%) and from $48,000 to $52,000 (tax rate 17.5%). For someone earning over $52,000 this change will provide an extra $20.38 per week in their hand. Independent [...]