Updated November 12th 2013

In the 2011 budget it was announced the individual taxpayers would receive a 50% discount on interest income up to a certain threshold. The government has since deferred the commencement of this discount to 1 July 2013. The interest discount will now apply as follows:


If you would like additional information on the 50% interest discount deferral contact any one of our offices at Parramatta, Sydney or Penrith and speak to a qualified chartered accountant click here for contact information