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2022 Federal Budget – Business

The 2022-23 Federal Budget has been released. What’s in it for you includes: Business Introduction of a Skills & Training Boost Deduction to support small and medium sized businesses to upskill their employees. Eligible expenditure incurred from 29 March 2022 to...

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2022 Federal Budget – Individuals

The 2022-23 Federal Budget has been released. What’s in it for you includes: Individuals Low & Middle Income Tax Offset has a One Off Increase of $420 to $1,500. This is received as a rebate on lodgement of your 2022 Tax Return from 1 July this year. Costs of...

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Government Assistance for Lockdowns

Due to the continued lockdowns, more people are requiring Government assistance from lost work or the effects on their business. If you are in this position, we have provided a Summary to help you here. Federal Government Assistance on Page 1 NSW Government Assistance...

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2021 Federal Budget – Business

The 2021-22 Federal Budget has been released. The Main Points include: Business Businesses can fully expense depreciating assets up to 30 June 2022 where their turnover is under $5 Billion. Government Assistance of $2.1 Billion in targeted support for aviation,...

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2021 Federal Budget – Individuals

The 2021-22 Federal Budget has been released. The Main Points include: Individuals The Low & Middle Income Tax Offset has been Retained for the 2021-22 Financial Year. Continuing this tax offset provides a rebate of up to $1,080 each on lodgement of an Individual...

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