Eight tax tweaks heading your way

Jun 30, 2014

Although higher earners are in the spotlight with the debt levy, not many people will escape paying higher tax thanks to a raft of changes from July 1. There are also more opportunities to build tax-effective superannuation in the new financial year, as well as other tweaks that may affect your household’s bottom line.

None of the following eight changes will on their own make a huge difference, but it’s worth knowing the lie of the land after July 1 so you can plan your finances ...

See more of article here which was first published in the Australian Financial Review on 18 June 2014.

Tags: 101 Ways, Company tax, Deductions, Employees, Employers, Personal tax

Author: Debra Cleveland

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