Australia has published the Treasury Laws Amendment (Tax Relief So Working Australians Keep More of Their Money) Act 2019 (Act No. 52 2019), which received royal assent (was enacted) on 5 July 2019. The Act provides amendments to the tax offsets and tax rates for resident individuals to:

• Increase the base and maximum amounts of the low- and middle-income tax offset to AUD 255 and AUD 1080, re…