More than 72,000 taxpayers living in Cairns and Far North Queensland will receive further tax relief through measures announced in the federal budget.
The new temporary, targeted and responsible cost of living package is designed to take the pressure off household budgets.
Federal Leichhardt MP Warren Entsch said the $420 cost of living tax offset will come into effect from July 1.
He said those earning up to $126,000 per year will be eligible for the cost of living tax offset.
“The Morrison Government recognises Far North Queensland households are facing cost of living pressures,” Mr Entsch said.
“The cost of living tax offset will directly benefit more than 72,000 taxpayers living in the Leichhardt electorate.
“This means individuals already receiving the low-and-middle income tax offset will now receive up to $1500 and couples up to $3000.”
Mr Entsch said the cost of living tax offset comes on top of other tax relief measures previously announced.
“The government’s tax plan has already directly benefited 76,000 taxpayers living in the Leichhardt electorate,” he said.
“Under the Coalition taxes for hard‑working Far North Queenslanders will always be lower.”
