Tax-free threshold - for individuals: "
What are the changes to the tax-free threshold?
From 1 July 2012, under the government's Household Assistance Package the tax-free threshold increased from $6,000 to $18,200.
This means if you earn less than $18,200 per year you do not need to pay income tax, and if you earn more than $18,200 per year you will only pay income tax on earnings over $18,200."
'via Blog this'
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