Tax time for individuals - key focus areas for the ATO in 2024
KPMG Tax Now
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Changes to Income Tax and Expense Claims
This chapter covers the new income tax rate changes that will increase take-home pay for many taxpayers and the need for employers to update their payroll systems accordingly. It also details the rules for claiming work-related expenses and introduces tools like the My Deductions feature in the ATO app for easier tracking.
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