The 2023 Federal Budget was handed down last night. In this special edition of your Client Newsletter, we have summarised some of the main measures that may impact both your business and individual clients, including:
- The end of temporary full expensing
- Small business energy initiative
- Crackdown on unpaid tax and superannuation
- No change to stage 3 tax cuts
- Confirmation of an extra 15% tax on super ‘earnings’ for account balances above $3 million
- Pay day superannuation guarantee
- Boost to Centrelink payments
….and more