The ATO has notified us that the tax rates are changing from October 1, 2016. In the May Budget the government announced changes to individual tax rates for the 2016-17 income year. Legislation dealing with those announced rates was introduced to Parliament on 31 August 2016. The Bill is currently before the House of Representatives but … Continue reading From October 1, 2016 Tax Rates Are Changing: But What Does That Mean For You?