Budget 2020 tax cuts: When you’ll get your money and how much

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Budget 2020 tax cuts: When you’ll get your money and how much

Proposed tax cuts were one of the most controversial features of the 2020 budget, with some arguing the cuts will primarily benefit the wealthiest Australians. Australian workers can expect to see extra cash in their pay packets from as early as this month under tax cuts promised in the Federal budget. Treasurer Josh Frydenberg announced the tax cuts would be brought forward in a bid to combat the coronavirus recession. But when will we see the tax cut money and how much will we get? While the tax cut is a helping hand, it’s a small amount when broken down over the year.

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