Taxpayers rush ATO for early returns to cope with COVID-19 recession | swrighteconomy
Australians have rushed to get their hands on annual tax refunds, with a record number submitting returns early in a sign of the income pressures on many households during the nation's first recession in 30 years.
It was up 11 per cent on the same nine days of last financial year, which itself recorded a rush of people getting returns in early to access the expanded low- and middle-income tax offset. "Millions of Australians across the country are set to benefit again this tax time from the government’s tax cuts," he said.
Last year there was a surge in early tax lodgements as people sought to access the beefed-up low- and middle-income tax offset.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Can your boss force you to take a COVID-19 test?A South Australian worker has hit out at her employer, claiming she is being “forced” to do something uncomfortable post-lockdown.
Read more »
Police station shuts after ‘unwell’ officer tests positive for virusA police officer diagnosed with COVID-19 was on their second day back at work after leave when they started “feeling unwell”.
Read more »
'This is real': coronavirus long-hauler's months of agonyIncreasing numbers of COVID-19 victims are being affected by a mysterious post-virus illness.
Read more »
Coronavirus Victoria: State records 216 new COVID-19 cases, man in his 90's diesVictoria has recorded 216 new cases of COVID-19 in the past 24 hours. 9News
Read more »
'No one wants to commute': Why Sydney must change after pandemicSydneysiders are expected to shun long commutes to the city centre after the COVID-19 pandemic, with experts tipping a renaissance in the suburbs while inner cities are drained of their former life | smh_andrew
Read more »
Universities plead for September lifeline to trial international student schemeThe rise in COVID-19 infections and pressure on NSW quarantine resources for repatriating Australians has put on hold a university pilot program to return international students.
Read more »