Abstract
| Original language | English |
|---|---|
| Place of Publication | Canberra, Australia |
| Publisher | University of Canberra |
| Number of pages | 8 |
| Publication status | Published - 2019 |
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How does the budget affect us : 2019. / LI, Jinjing; LA, Hai Anh; TANTON, Robert; VIDYATTAMA, Yogi.
Canberra, Australia : University of Canberra, 2019. 8 p.Research output: Book/Report › Other
TY - BOOK
T1 - How does the budget affect us
T2 - 2019
AU - LI, Jinjing
AU - LA, Hai Anh
AU - TANTON, Robert
AU - VIDYATTAMA, Yogi
PY - 2019
Y1 - 2019
N2 - Given the wide range of tax changes and the energy payment, nearly 85% of families (income units) will be affected by at least one measure of the tax and transfer policy changes, and nearly 90% of the population. Overall, the new measures in the budget - Favour middle and mid-high income families before 2020-21 due to the income requirement of the LMITO. - Favour mid-high income earners from 2022-23 onwards due to the reduced tax rate at mid- and high- thresholds.
AB - Given the wide range of tax changes and the energy payment, nearly 85% of families (income units) will be affected by at least one measure of the tax and transfer policy changes, and nearly 90% of the population. Overall, the new measures in the budget - Favour middle and mid-high income families before 2020-21 due to the income requirement of the LMITO. - Favour mid-high income earners from 2022-23 onwards due to the reduced tax rate at mid- and high- thresholds.
M3 - Other
BT - How does the budget affect us
PB - University of Canberra
CY - Canberra, Australia
ER -