End Of Year Tax Planning Checklists

The Low and Middle Income Tax Offset, which had been extended for another year to include 2021-22, ended on 30 June 2022.

The Federal Budget for 2023 on 9 May 2023 did not result in any changes to tax rates or income thresholds.

For businesses the expanded full write-off allowance for new business assets ends 30 June 2023. A modified $20,000 write for smaller businesses (under $10 million turnover) applies for 2023-24.

For further noteworthy changes for the 2023 year see the 2023 Tax Rates page.

2023

2022

2021

2020

2019

2018

2016

2015 and earlier

See also:

This page was last modified 2023-05-31