The start of the new tax year inevitably brings about changes to tax rules and regulations. Julian Lorkin from Radio 2GB’s Money News chats to our Senior Tax Writer, Terry Hayes, about some of these tax changes and their effects.
In this podcast Terry and Julian discuss:
- An extra 2% tax on taxable income over $180,000 for 3 years
- Increase in the Medicare Levy to from 1.5% to 2%
- An increase to the superannuation guarantee rate to 9.5%
- Tax return lodgement
Click the play button below to listen to the podcast.
Source: Interview conducted by Julian Lorkin – Radio 2GB Money News 1 July 2014