Not all Scenic Rim taxpayers will receive $1080 tax relief

RELIEF: Federal member for Wright Scott Buccholz says the government had delivered on its promise to low and middle income earners.
RELIEF: Federal member for Wright Scott Buccholz says the government had delivered on its promise to low and middle income earners.

Member for Wright Scott Buchholz announced the federal government has delivered tax cuts for more than 10 million Australians, with immediate tax relief from this week.

Mr Buchholz said with the passage of legislation through the Parliament in the first sitting week, the Liberal National government was delivering on its election promises.

"It was our number one commitment during the election campaign and in the first week of the 46th Parliament, we have delivered on that promise," he said.

"We are committed to building a better tax system for Australians, to provide more relief so hard-working Australians can get ahead."

Mr Buchholz said low and middle income earners with an income up to $126,000 would now receive up to $1080.

Accountant Noela Lee from Trilogy Accounting Beaudesert said the news does not mean everyone should expect $1080.

"The original middle and low income tax offset maximum was $530 and was due to commence in the 2018/19 year," she said.

"The 2019 budget changes recently passed by the senate increased the maximum offset by $550. The reason people may be getting refunds is that tax rates used for PAYG withholding tables would not have factored in the offset as it had not been passed by parliament.

"The operative words here are 'may' and 'maximum'. Not everyone will get a refund - that will be entirely dependent on their income and how much tax they have paid during the year.

"Not everyone will get the maximum $1080 offset - that will depend on their taxable income."

Ms Lee said the ATO had announced they would be messaging taxpayers who were due for a refund but whose bank details were incorrect.

She said she was waiting to hear what controls ATO had in place for taxpayers and what assurances they could have that texts were from the ATO and not a scammer.

"I will be advising all clients who receive a message from the ATO to contact us first before replying to the text," she said.

"I would advise all taxpayers to call the ATO to confirm the text was sent by them."