Carbon tax assistance? What assistance?
Where is the carbon tax assistance? The PAYG tax has actually increased for lower income households.
The tax-free threshold may have increased but the lower tax rate has gone from 15% to 19 % for those earning less $ 37,000 or $711.54 per week.
The next tax bracket has also increased from 30% to 32.5% for incomes up to $80,000. For someone on $ 80,000 the difference is $ 3.06 less tax.
But low-income taxpayers are facing more taxation on top of cost-of-living pressures.
Carbon tax assistance is actually non-existent.
