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Federal Budget will bring forward tax cuts as part of coronavirus response – ABC News

Millions of Australians will have more money in their pockets within weeks, with the Federal Government planning to bring forward and supercharge tax cuts in to…

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Millions of Australians will have more money in their pockets within weeks, as the Federal Government plans to bring forward and supercharge tax cuts in Tuesday’s Federal Budget.
Key points:

  • The Budget will bring forward income tax cuts scheduled for 2022
  • The plan will cut taxes for anyone earning more than $37,000
  • The Government hopes the extra money will lead to spending and kickstart the economy

The ABC understands Tuesday’s Federal Budget will confirm tax…

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