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Monthly Archive for: ‘December, 2016’

December 2016 Practice Update

Personal income tax cuts are law! Editor: The government has finally legislated the tax cuts originally announced in the May 2016 Budget, so that the marginal tax rate of 37% now starts at $87,000. The following are the rates for adult residents for the 2016/17 income year (i.e., from 1 July 2016).

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