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Australian Federal Budget 2020: What you will save from tax cuts – NEWS.com.au

Planned tax cuts are set to be brought forward as part of the Federal Budget and how much you save will depend on your yearly income.

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The Morrison Government is set to deliver one of the most important budgets since World War II today.
Its expected to include a staggering amount of spending and the biggest deficit in Australias history as the government tries to kickstart the economy amid the coronavirus pandemic.
But even with such a large amount of spending, not everyone will be a winner, heres what we know about the Budget so far.
WINNERS
– Taxpayers: Anyone paying tax is set to receive some money back in their pockets …

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