• From 1 July 2007, the 30 per cent threshold will rise from $25,000 to $30,000.
• From 1 July 2008, the 40 per cent threshold will increase to $80,000, and the 45 per cent threshold will increase to $180,000
Article by Christie Lewis
Christie is Practice Manager at Alan Lewis Accountants . Besides accounting, her passion is for all things small business (and blogging, of course). You can contact Christie directly at christie@lewistaxation.com.au.
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