Individual Tax Changes – What Workers Need to Know
Welcome to our Federal Budget Spotlight Series: Individual Tax Changes – What Workers Need to Know Supporting household income pressures The 2026–27 Federal Budget includes a number of proposed changes aimed at supporting individuals, particularly those on low to middle incomes. Key measures include: A new Working Australians Tax Offset (WATO) An increase in Medicare […]
2026–27 Federal Budget: What It Means for You
The Federal Budget focuses on cost‑of‑living relief, budget repair and structural tax reform. While most relief is targeted at workers and small businesses, investors and trust structures will face significant change over the coming years. Key highlights include: A new $250 Working Australians Tax Offset from 2027–28 for most wage earners Permanent $20,000 instant asset […]
