Changes to personal tax rates
Changes to personal tax rates announced by the federal government The federal government has announced an overhaul of the previous Coalition government stage 3 tax cuts and introduced various changes in the personal tax rates that apply from 2024–25 income year and onwards. See Tax cuts to help with the cost of living Changing the original […]
Superannuation Contribution Caps set to increase
Superannuation Contribution Caps set to increase from 1 July 2024 Recent revelations surrounding wage growth have paved the way for increases in superannuation contribution caps, slated to take effect from July 1, 2024. The anticipated changes present a unique opportunity for individuals to bolster their retirement savings. Here’s a snapshot of the projected key changes: […]
