Mum welcomes tax revamp
WORKING mums are set to take home a fatter pay cheque later this year, with the tax-free threshold set to balloon.
In the new financial year, working mums will be able to earn $336 a week before being taxed, triple the previous amount.
The changes are designed as compensation for the carbon tax.
Warwick mum-of-one Emma McMahon said it was great to see the government help working mums, rather than those who were at home.
"I think it's great the government is helping mums who work because a lot of the younger ones think they can just stay at home and get money," she said.
She said it was hard to leave her 20-month-old son Hunter and return to work and said less tax would make the sacrifice more worthwhile.
Miss McMahon plans to study enrolled nursing next year and with an $8000 price tag attached, the tax changes would certainly help.
"I don't get any extra money for studying and paying less tax would definitely help," she said.
"There aren't a lot of incentives for mums to study and some just can't afford it."
The tax-free threshold will be lifted to $18,000 from July , up from the current threshold of $6000.
Students and part-time workers will also benefit.