An elected Coalition Government will deliver a Cost of Living Tax Offset to more than 10 million taxpayers as part of our plan to get Australia back on track.
The policy will see eligible Australians earning up to $144,000 receive up to $1,200 in tax relief when they lodge their tax return for the upcoming financial year.
Federal Member for Page Kevin Hogan said the temporary and targeted Cost of Living Tax Offset would provide vital support for families.
“Australians are hurting – and Anthony Albanese isn’t listening. Families are getting smashed and need help now,” Mr Hogan said.
“We also have a plan to lower petrol and diesel prices, by cutting the fuel tax by 25 cents a litre. This is a saving of about $1,500 a year for a two car family.”
“These policies will put more money back into your pockets, at a time when you’re being crushed by skyrocketing grocery bills, rent, mortgage repayments and insurance costs.”
“Labor’s so-called tax cut – just 70 cents a day – is a slap in the face and an insult to families trying to make ends meet.”
“The Coalition’s approach is to provide temporary and targeted cost of living relief, while we get our economy back on track.”
“This offset is part of our comprehensive plan to rebuild the economy, ease cost of living pressures, and reward hard work.”
