Hi,
I would like to know if there is a difference in the amount of income tax that you pay between liberal and labor government, or does it always stay the same?
If there is a difference, which government would I pay a lower income tax?
I have lived and worked in Australia for a number of years now. However, I only became an Australian citizen last year so I have to vote this year.
I watched the federal budget on TV but wasn't able to find any information on this.
My annual income is $87k.
https://www.ato.gov.au/rates/individual-income-tax-rates/
Thanks
OP, vote in your best interest because nobody else will care about it more than yourself.
I don't vote but if I did then I would support the party with policies that drive disruptive technologies.