Scott Morrison hints that $1,080 tax cut for millions of Australians could ...

Scott Morrison hints that $1,080 tax cut for millions of Australians could ...
Scott Morrison hints that $1,080 tax cut for millions of Australians could ...
Scott Morrison hints that $1,080 tax cut for 10 million Australians could return next year PM confirmed tax cuts could again be given to low and middle income earners Current financial rebate of $1,080 from Federal Budget expires on June 30, 2022 Tax cuts were introduced to inject cash into economy post lockdowns

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Prime Minister Scott Morrison has not ruled out the possibility of a fresh round of tax cuts for more than 10 million Australians next year.

If Mr Morrison is re-elected in early 2022 he claims tax cuts could again be on the agenda for low and middle income earners after they were introduced to inject cash into the economy after Covid lockdowns.

The current $1,080 cash bonus, which was refunded to taxpayers who earned between $48,000 and $126,000 during the 2020-21 financial year, is due to expire on June 20, 2022.

'We've got a very strong record of delivering tax cuts,' Mr Morrison told the Herald Sun.

'If you really want people and business to get on and do things, you can't keep more of what they earn, it has to go back the other way.'

Mr Morrison's refusal to rule out further tax cuts comes as a federal election date looms, with the Government needing to stage it before May 21 next year. 

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