ATO Community
Community Manager
The Australian Government is responsible for decisions on tax and superannuation policy and legislation which we administer on their behalf.
On 6 October 2020, the government handed down Budget 2020-21, with some proposed changes to tax and superannuation laws.
We're currently working through the details of these proposed changes.
In the meantime, you can read the Budget papers and find out about:
- Implementation of announced tax cuts
- JobMaker Hiring Credit
- JobMaker Plan – temporary full expensing to support investment and jobs
- JobMaker Plan - bringing forward the Personal Income Tax Plan
- Increase the small business entity turnover threshold
- Loss carry back
We will update this post when we have more information.