Budget 2024: Income tax threshold now $100,000

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Finance Minister Dr Ashni Singh has announced that the income tax threshold is now $100,000.

Last year, the income tax threshold had moved from $75,000 to $85,000, resulting in some 12,000 taxpayers being removed from the tax net.

In 2022, the threshold was raised from $65,000 to $75,000.

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