Australia income tax cuts could be brought forward to 2020

Treasurer Josh Frydenberg is reportedly considering bringing forward planned income tax cuts in an effort to help boost spending.

The tax cuts were planned in three stages across seven years, with the first cut delivered in July 2018, the second planned for 2022 and the last in 2024.

If the 2022 tax cut is brought forward, Australians could expect a little more cash in their pockets this year.

Read more: https://7news.com.au/business/finance/australia-income-tax-cuts-could-be-brought-forward-to-2020-c-1288721