Podknife - What do tax cut changes mean for bracket creep? by RN Breakfast

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What do tax cut changes mean for bracket creep?

Podcast |: RN Breakfast - Separate stories podcast
Publisher |: ABC Podcasts
Media Type |: audio
Podknife tags |: Australia,; Interview,; News & Politics,; On The Radio
Categories Via RSS |: Daily News,; News
Publication Date |: Jan 31, 2024
Episode Duration |: 00:05:51

Bracket creep is when taxpayers pay a bigger percentage of their income in tax due to a marginal pay rise, largely because tax brackets haven't kept up with inflation.

So, what do the changes to the stage 3 tax cuts actually mean for bracket creep?

Featured: Cherelle Murphy, Chief Economist at EY Oceania Mark Chapman, Director of Tax Communications at the tax services company H and R block

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