The Federal Budget, handed down on Tuesday 14 May, contained a number of tax, superannuation, tax administration and social security/cost of living proposals that may impact you in relation to the following matters:
- Instant asset write-off
- CGT and foreign residents
- The training and energy efficiency boosts
- ATO discretion to offset old tax debts
- Refund frauds and BAS refunds
- Student loans repayments
- Super to be paid on paid parental leave
- Social security deeming rates
- Commonwealth Rent Assistance
- and more.
Please contact us for clarification, or further advice, regarding any of the topics covered in this special edition newsletter.