There will be many tax changes announced which may impact you after the recently released 2022 Federal Budget and upcoming Federal Election. We would like to help you to reduce your tax in 2022 – allowing you to: Reduce your home loan or credit card debts Top up your Superannuation Save for a holiday Build a Read more about Action required: Tax planning tips and offer for 2022[…]
With a Federal Election due in the next 8 weeks, the Morrison Government made its bid for re-election with the following headline announcements in the Federal Budget released on Tuesday 29 March 2022: Petrol tax slashed by 22 cents per litre for 6 months from Budget night. 10 million low and middle-income earners will receive Read more about 2022 Federal Budget[…]
2021 Budget & Planning Opportunities
Information: What the 2020 Federal Budget Means for You To kickstart the economy after Australia’s massive COVID-19 close down, the Federal Government released a huge spending and tax cuts Budget for 2020. Here is our summary of the 2020 Federal Budget and what it means for you. This appears to be a great Budget for Read more about Budget 2020[…]
After much anticipation the Australian Federal Budget for 2017-18 was delivered last night. As always the budget is highly political and much is open to change before it passes into legislation. You may have received many technical papers and lengthily articles regarding the budget so hopefully this email with a brief infographic can simplify Read more about 2017-18 Federal Budget[…]
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 Read more about Business Matters – May 2014[…]
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 Read more about 2010 Federal Budget, and other exciting news![…]