Tax breaks and surplus focus highlights of Budget 2018-19

A REFORM of the tax system, spread over seven years, and a focus on returning the federal economy to a surplus were among the highlights of the 2018-19 Budget, announced last night.

Tax breaks and surplus focus highlights of Budget 2018-19 Tax breaks and surplus focus highlights of Budget 2018-19 Tax breaks and surplus focus highlights of Budget 2018-19 Tax breaks and surplus focus highlights of Budget 2018-19 Tax breaks and surplus focus highlights of Budget 2018-19

Under proposed changes by the government as part of the Budget, the existing 37 per cent wage tax rate will be abolished by 2024.