Jun 22, 2026 – 5.00amModest tax relief will hit the pockets of working Australians in the 2026-27 financial year, and on a larger scale, the year after.But while it may not be the large tax cut many would prefer, it could grow into something much larger if you use it wisely.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Jessica PennyWealth reporterJessica Penny is a wealth reporter for The Australian Financial Review in the Sydney newsroom. Email Jessica at jessica.penny@afr.comFetching latest articles