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08 Oct 2020 Personal Income Tax

Advice under development - income tax issues

The ATO is developing advice and guidance on the following income tax issues.

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JobMaker Plan - bringing forward the Personal Income Tax Plan

The Government has announced Stage 2 of its Personal Income Tax Plan will be brought forward and apply for the 2020–21 income year. The low and middle income tax offset will continue to be available for the 2020–21 income year but will cease to apply for the 2021–22 income year and later years.

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Findings report Top 100 (income tax) program

Read the ATOs second Findings Report for the Top 100 Program (income tax) for tax assured reviews completed to 30 June 2020.

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Findings report Top 1,000 (income) tax performance program

Findings from Top 1,000 streamlined assurance reviews show how the ATO applies the justified trust methodology to get assurance that large public and multinational taxpayers pay the right tax.

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