18/06/2026
๐ข New Tax Change Proposed
๐ฐ Standard deduction (up to $1,000) for work-related expenses has been proposed for eligible taxpayers.
๐
Starts: 1 July 2026 (2026โ27 tax year)
โ ๏ธ Not law yet โ still under consultation
โ๏ธ Key points:
Up to $1,000 automatic deduction for work-related costs
People with higher expenses can still claim actual deductions
No change for 2025โ26 tax year
Designed to make tax returns simpler and faster
๐ Aimed at reducing paperwork and simplifying claims for workers.
Read more: https://zurl.co/Work-relatedExpense
https://zurl.co/NewTaxChanges