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Personal income tax thresholds | New personal income tax threshold rates now apply. These came into effect on 31 July as part of the tax relief package announced in Budget 24. Find out more: Personal income tax threshold changes

From 14 August 2024, we will be sending letters to customers in the liquor industry selected for a possible visit. Our Community Compliance teams will be visiting liquor store businesses, including independent and franchised liquor retailers, across most locations. This will not include bars or hospitality venues.

Our teams will be looking at:

  • income suppression
  • record keeping practises, including when using cash
  • employer obligations.

We want to help our customers struggling to meet their tax obligations. We know mistakes happen, so we are encouraging voluntary disclosures to make things right.

We will be suggesting liquor store operators contact their tax agent or bookkeeper if they need more in-depth assistance. We will also be talking about the benefits of having a tax agent or bookkeeper with those who do not have one.

Last updated: 13 Aug 2024
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