Posts in Federal Budget

2019-Federal-Budget

2019/2020 FEDERAL BUDGET – Highlights

April 3rd, 2019 Posted by Businesses, Federal Budget, Individuals, News, Superannuation, Uncategorised No Comment yet

The Federal Budget handed down last night by the Treasurer Josh Frydenberg has generally been agreed to be a responsible Budget[…]

Federal Budget Individuals couple sorting tax

2018/19 FEDERAL BUDGET – PERSONAL INCOME TAX

May 9th, 2018 Posted by B&W Additions News, Federal Budget, Financial Planning, Individuals, News, Tax Planning, Taxation Measures No Comment yet

The Government announced personal tax cuts in the Federal Budget together with a number of integrity measures.  Tax cuts will phase in over 7 years and will culminate in  the reduction of tax brackets from 5 to 4[…]

Federal Budget Businesses company meeting

2018/19 FEDERAL BUDGET – BUSINESSES

May 9th, 2018 Posted by B&W Additions News, Businesses, Federal Budget, News, Tax Planning No Comment yet

The Federal Budget did not deliver much to businesses other than the extension of the immediate asset write off for eligible assets of up to $20,000 for small businesses.  Much of the focus was on integrity measures to protect the revenue base[…]

Federal Budget Superannuation growing money

2018/19 FEDERAL BUDGET – SUPERANNUATION

May 9th, 2018 Posted by B&W Additions News, Federal Budget, News, Non Concessional Contributions, Superannuation, Superannuation Update, Taxation Measures No Comment yet

Federal Budget was relatively quiet on superannuation this year.  Not surprising given that we have just been through the most comprehensive reforms since 2007.  However, there were a few items to be aware of and which may offer some planning opportunities[…]

Federal Budget Pensioners and Self Funded Retirees

2018/19 FEDERAL BUDGET – PENSIONERS AND SELF FUNDED RETIREES

May 9th, 2018 Posted by Federal Budget, News, Pension, Superannuation, Superannuation Update, Taxation Measures No Comment yet

The Government announced measures in the Federal Budget that are aimed at assisting age pension recipients to increase their fortnightly income without affecting their pensions and to encourage retirees to consider the use of lifetime retirement income products.[…]