Treasurer Josh Frydenberg has revealed this year’s Federal Budget, covering a range of measures including superannuation, tax and support for home buyers. 2021 Federal Budget Summary Taxation Extension of the low and middle income tax offset (LMITO) for an additional 12 months Tax relief … [Read more...]
Federal Budget 2020
Treasurer Josh Frydenberg’s Budget provides tax relief and financial assistance for many Australians, including low and middle income earners, business owners, young workers and social security recipients. 2020 Federal Budget Summary Tax cuts for low and middle income earners through bringing … [Read more...]
Federal Budget 2019
Treasurer Josh Frydenberg’s first Budget focuses on reducing the tax burden for the majority of working Australians, greater superannuation flexibility for retirees and a one off energy relief payment for eligible income support recipients. To read further, download the 2019 Federal Budget … [Read more...]
Federal Budget 2018
Scott Morrison’s third budget is headlined by $140 billion in tax cuts over the next decade, immediate tax relief of up to $1,060 a year for middle-income households and a fundamental reform of the tax system. 2018 Federal Budget Summary Key measures include: From 1 July 2018 Low and middle … [Read more...]
Federal Budget 2017
First home savers, downsizers and small business are winners in Treasurer Scott Morrison’s second Budget – while taxpayers face an increase in the Medicare levy. 2017 Federal Budget Summary Key measures include: Individuals aged 65 or older will be able to make non-concessional (after-tax) … [Read more...]