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$1,080 tax offset saved rather than spent, new survey shows

Australian taxpayers were more likely to save their $1,080 tax offset rather than spend it, a new survey has found.

$1,080 tax offset saved rather than spent, new survey shows
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  • Shared by Accountants Daily
  • February 12, 2020
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Just 5 per cent of recipients of the government’s doubled end-of-year tax offset of $1,080 for low and middle income earners chose to spend their refunds either in store or online.

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