Practice Update – April 2022

Practice Update – April 2022

by | Apr 6, 2022 | ATO, COVID-19

2022-2023 Budget Measures that are now law Low and Middle Income Tax Offset A measure that will no doubt be beneficial for individual taxpayers is the increase in the Low and Middle Income Tax Offset (‘LMITO’) for the 2022 income year by $420. The LMITO is a tax...