Getting Ready For Tax Time
She's On The Money
00:00
What Is a Tax Offset?
The Medicare low income threshold for 2022, 2023 year is going to be increased. To receive the low income tax threshold, your taxable income needs to be less than $126,000. You also have to be an Australian resident for tax purposes. If you earn under that, you're going to get access to a few different like tax offsets. The other benefit there is often you can get access to things like healthcare cards and stuff like that.
Transcript
Play full episode
