Budget Paper No. 2: Budget Measures - 2020-21 Budget
Table 1: Receipt measures since the 2020 Economic and Fiscal Update(a) 202021. ... The Government will bring forward the second stage of its Personal Income Tax Plan by two years to 1 July 2020 while retaining the low and middle income tax offset (LMITO) for 202021. ... Corporate tax entities with an aggregated turnover of less than $5 billion ... ................
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