Announced in the 2019-20 Federal Budget, the Government’s  changes to the Personal Income Tax Plan has now law. 2018-19 Starting from the financial year 2018-19, there will be an increase of the maximum amount and the base amount of the low and middle income tax offset (LMITO), from $530 to $1,080 p.a. and $200 to … Continue reading Low and Middle Income Tax Offset (LMITO) now law