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Dear Friend,
The Government’s tax relief plan has now passed the Parliament.
This is good news for workers and our economy.
When taxpayers keep more of what they earn, it encourages and rewards hard work.
It means families can get ahead and more money flows through our economy.
Our plan delivers immediate relief for over 10 million workers. Around 4.5 million taxpayers will receive the full $1,080 tax offset.
Our plan fixes bracket creep – the silent thief pushing workers into higher tax brackets.
By the time our plan is fully implemented, 94% of taxpayers will pay a top marginal rate of no more than 30 cents in the dollar.
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