Tax cuts curb bracket creep for high earners

New figures showing the Morrison government's income tax plan will keep bracket creep at bay for high income earners has been welcomed by experts, amid calls for Australians at the top end of the income scale to share benefits from planned cuts.

by | Jun 18, 2019

FBT overhaul ‘not a priority’ for government

Analysis of the $158 billion plan confirmed the cuts are likely to preserve the proportion of tax higher income earners currently pay, showing someone earning $180,000 in 2008-09 would be earning $284,454 by 2024-25, based on past and forecast wage inflation.

Read more at the Financial Review

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