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These notes are intended to be a guide only. None of the comments contained in these seminar notes are intended to be advice, whether legal, financial or professional. You should not act solely on the basis of the information contained in these notes because many aspects of the material have been generalised and the tax laws apply differently to different people in different circumstances. Further, as tax and related laws change frequently, there may have been changes to the law since the notes were written. Specific advice should always be obtained from a tax professional.
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Notes Online Home 2024 Tax Schools Day 1 What's new for Individuals
Preparing clients for Stage 3 tax cuts
This section of the notes looks at preparing clients for Stage 3 tax cuts, more specifically:
- Labor Government makes changes to the original Stage 3 tax cuts from 1 July 2024
- The effect of the Stage 3 tax cuts on allowable deductions and assessable income