Researchers from the University of Alabama, in Birmingham, U.S., found that mice who consumed high-fat food in the morning and a lighter, lower-fat meal in the evening showed lowered incidence of metabolic syndrome - a precursor to diabetes and heart disease.
What are the changes to the tax-free threshold? From 1 July 2012, under the governmentâs Household Assistance Package, the tax-free threshold increased from $6,000 to $18,200. End of attention. This means if you earn less than $18,200 in a financial year, you do not need to pay income tax.ow do you choose which employer to claim the tax-free threshold from? If you expect to earn more than $18,200, it is generally best to claim the tax-free threshold from the job you receive your highest income from.
For 2012, trusts reach the highest federal tax bracket of 35% at taxable income of $11,650 (except for capital gains, which are taxable at a lower rate). By comparison, the tax rate for single taxpayers on taxable income of $11,650 is only 15%. The highest federal tax bracket of 35% does not apply to most individual taxpayers until their taxable income reaches $388,350. In addition, many states also tax the income of trusts.