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23 Nov 09 Reforms to income tests letters

The ATO has advised that during the first half of December 2009, it will be writing directly to around 240,000 taxpayers whose latest income tax return suggests that they could be directly affected by the new income tests that came into effect from from 1 July 2009. These changes do not affect an individual’s assessable or taxable income. However, they do affect the income tests for a range of government benefits and obligations.

For a copy of the ATO advice, go here

 


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