Published: July 08, 2019
There are urgent calls for the Morrison government to change the deeming rate after the RBA cut the cash rate to 1%
The deeming rate is the amount the government deems your income to be from your financial assets. It calculates the amount of income received from a financial asset regardless of the actual return.
Continue reading...from The Guardian https://ift.tt/2Xz3OKk
via
0 Comments