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End of financial year: Make $1m a year and pay no tax – The Australian

Did you know you can make $1m a year and pay no tax?

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Yep, hard to believe. In fact, the recent ATO taxable income report shows there were 42 people across Australia that made a total income last year of more than $1m and their taxable income was less than $6000. If you make less than $18,000 you pay no tax…

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