Low and Middle Income Tax offset not available in tax return 2023

Low and middle-income tax offset (LMITO) LMITO ended on 30 June 2022. The last year you can receive it is the 2021–22 income year. LMITO is not available for the 2022–23 income year and later income years. This means for some of you your tax refund will be less by up to $1080. the old LMITO amounts from 2018–19…

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