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 your clients (and their businesses) 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.