The new Low and Middle Income Tax Offset is now law. This means that eligible taxpayers may be entitled to a tax offset of up to $1,080 per person.
To get the new tax offset you must lodge your 2019 tax return. The sooner you lodge your return, the sooner you will get the tax offset.
The ATO is now processing the tax offset through its computer systems so there is no need to wait to lodge your tax return. All eligible returns lodged will get the tax offset.
For eligible taxpayers, the offset will either increase the size of your refund or reduce the size of your tax liability.
Book an appointment with H&R Block now to get your maximum refund guaranteed.
Our H&R Block accountants are now working online. Book an appointment with an expert.