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Last October, the Australian Govt passed laws which made changes to Personal Income Tax Brackets, which subsequently changed the amount of tax that would be withheld from wage payments moving forward.
Prior to this change, the tax on my wages were being deducted in accordance to the tax tables before October 2020. As such, a lot more tax was withheld when compared to the tax being withheld for the same wage after October 2020.
Is this taken into account in the income tax estimates for 2021 on the website or will ATO make further adjustments on this?