General

The Government has passed legislation to amend the tax cuts which apply from 1 July this year. The changes are explained below, along with some things you may wish to think about to help maximise your savings.

If you earned Australian income between 1 July 2022 and 30 June 2023, you may need to lodge a tax return.

If you’re doing your own tax, you have until 31 October to lodge your return.

Superannuation Contributions   Individuals under 67 are able to contribute up to $27,500 pa to superannuation and claim a tax deduction (those aged 68-74 must