Worried you’re missing part of your refund? Remember, the low and middle income tax offset isn’t a refund on its own – it’s used to offset (or reduce) the amount of tax you pay. The offset amount you may be entitled to is automatically applied and could range between $255-$1080, depending on things like your taxable income and how much tax you’ve paid.
Hi, this is my first year with an ABN. I'm not registered for GST as my income on my ABN is less than 75,000, but my Salary income will put me over. So do I now need to register for GST and charge going forward?