Contractor High Income Threshold 2024 Florida. The regulations set the contractor high income threshold at $175,000 for the year commencing on 1 july 2024, and prescribe a formula for calculating the threshold in future years. In late august 2024, the federal government published the fair work amendment (contractor high income threshold) regulations 2024 (cth) (regulations) which prescribes the contractor.
The contractor high income threshold is an amount prescribed by, or worked out in the manner prescribed by, the fair work regulations 2009 (fw regulations), as amended by the fair. (a) prescribes the amount of the contractor high income threshold for the year starting on 1 july 2024;
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