The request sought estimated financial implications and distributional analysis of Stage 3 of the personal income tax plan as set out in the 2018-19 Budget measure Personal income tax plan and the 2019-20 Budget measure Lower taxes for hard-working Australians: Building on the Personal Income Tax Plan over the medium-term. The Stage 3 tax cuts take effect from 1 July 2024 and involve:

The request sought estimated financial implications and distributional analysis of Stage 3 of the personal income tax plan as set out in the 2018-19 Budget measure Personal income tax plan and the 2019-20 Budget measure Lower taxes for hard-working Australians: Building on the Personal Income Tax Plan over the medium-term. The Stage 3 tax cuts take effect from 1 July 2024 and involve:

This proposal has three options.

Option 1: Personal income tax, company tax, and excise and customs duty

This option has three components:

This proposal has three options.

Option 1: Personal income tax, company tax, and excise and customs duty

This option has three components:

This proposal has three options.

Option 1: Personal income tax, company tax, and excise and customs duty

This option has three components:

This proposal has three options.

Option 1: Personal income tax, company tax, and excise and customs duty

This option has three components:

This proposal has three options.

Option 1: Personal income tax, company tax, and excise and customs duty

This option has three components:

The request sought the financial implications of the 2018-19 Budget measure Personal Income Tax Plan. The information was requested over the period to 2028-29, and disaggregated into the components of the measure which start on 1 July 2018 (Components 1 and 2), 1 July 2022 (Components 3, 4 and 5), and 1 July 2024 (Components 6 and 7).

Component 1 increases the upper threshold for the 32.5 per cent marginal tax rate from $87,000 to $90,000 from 1 July 2018.

The request sought the financial implications of the 2018-19 Budget measure Personal Income Tax Plan. The information was requested over the period to 2028-29, and disaggregated into the components of the measure which start on 1 July 2018 (Components 1 and 2), 1 July 2022 (Components 3, 4 and 5), and 1 July 2024 (Components 6 and 7).

Component 1 increases the upper threshold for the 32.5 per cent marginal tax rate from $87,000 to $90,000 from 1 July 2018.

The request sought the financial implications of the 2018-19 Budget measure Personal Income Tax Plan. The information was requested over the period to 2028-29, and disaggregated into the components of the measure which start on 1 July 2018 (Components 1 and 2), 1 July 2022 (Components 3, 4 and 5), and 1 July 2024 (Components 6 and 7).

Component 1 increases the upper threshold for the 32.5 per cent marginal tax rate from $87,000 to $90,000 from 1 July 2018.