Just 5 per cent of recipients of the government’s doubled end-of-year tax offset of $1,080 for low and middle income earners chose to spend their refunds either in store or online.
Read more at the Accountants Daily.
$1,080 tax offset saved rather than spent, new survey shows
Australian taxpayers were more likely to save their $1,080 tax offset rather than spend it, a new survey has found.
