30/06/2026
Happy New Financial year!
New things to look forward to this financial year:
1. New tax rates - the 16% tax bracket has now reduced to 15%
2. Pay Day Super - Super on income paid from today is to be in your superfund within 7 business days
3. The $1,000 Standard deduction relates to this new financial year (FY ending 30 June 2027).