Tag: Budget


Business Matters – May 2014

22

May 2014

Business Matters – May 2014

How to avoid the 45% tax rate? Did you know that income remaining in a trust is taxed at 45%? It is imperative that any trust income is correctly allocated before 30 June 2014 to avoid horrible tax outcomes. To achieve the best outcome you should: understand your tax position for the year ended 30 June 2014 prepare an effective tax plan for the remainder of this...

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2010 Federal Budget, and other exciting news!

12

May 2010

2010 Federal Budget, and other exciting news!

Exciting news, the 2010 federal budget was released last night. Please find attached a summary of the proposed amendments.  The attached document is reasonably detailed so feel free to contact myself if you have any queries. Link to the 2010 Federal Budget A brief summary of the budget:•    An expected return to surplus in 2012-13;•    Funding of a renewable energy future fund;•    Funding of a new...

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