On 29 July 2020, the Australian Bureau of Statistics (ABS) has released the CPI index number of 114.4 for the June quarter 2020, showing a -2.2 decrease from the March 2020 quarter of 116.6.

See below for the tax implications and further detail.

[Tax Month – July 2020]

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Category: Tax Month - July 2020

Author: John Morgan

John Morgan is a tax specialist lawyer of more than three decades experience now practicing at the Victorian Bar - w: www.FJMtax.com e: f.john.morgan@vicbar.com.au