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Sharpen Your Numbers – FAQ: How will the Stage 3 tax cuts it impact me?

Posted by: Glenn Sharp on

James from Ballarat asks about stage three tax cuts. He earns around $90,000 annually and wants to know how it will affect him. In response, we explain that under the proposed Labor changes, he’ll initially be about $800 better off. However, as his income grows over time, surpassing $120,000, he’ll start paying a higher tax rate, resulting in a long-term decrease in benefits. Short-term gains, long-term considerations—find out more in this episode of Sharpen Your Numbers – FAQs. Learn more in this episode of Sharpen Your Numbers: FAQs answered by Glenn and Ewen.

If you have any questions for Glenn or Ewen please email them to: admin@sharpac.au

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