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2013 Budget - Tax Planning Changes
  • Increased Medicare levy from 1 July 2014
  • Increasing the Medicare Levy low income thresholds
  • Deferral of 2015/16 income tax cuts
  • Net medical expenses tax offset (NMETO) to be phased out
  • Work related self education tax deductible expenses to be capped at $2,00 from 1 July 2014