The start of a new financial year in Australia, beginning July 1, is a golden opportunity to reset, refocus, and take charge of your financial life. Just like a New... read more →
A summary of the highlights from the Federal Government's 2025/26 Budget. Personal Income Tax – increasing the Medicare levy low‑income thresholds The Government will increase the Medicare levy low‑income thresholds... read more →
The Federal Budget was handed down on 14 May 2024, and has outlined a number of changes that impact businesses, tax & superannuation. Instant Asset Write-Off Extended Small businesses with... read more →
In the latest federal Budget announcement, the commentary from Phillip Coorey, The Australian's Political Editor, captures the scene vividly: "Jim Chalmers is like a bloke who successfully dieted for two... read more →
As expected, the 2023-2024 Federal Budget has placed a strong emphasis on the cost of living and establishing a stronger, secure economy. From an SMSF perspective, we were pleased to... read more →
The Federal Budget has reintroduced the $20,000 Instant Asset Write-Off to benefit small businesses, amidst the myriad of measures announced by the government. The instant asset write-off will return for... read more →
We have pleasure in enclosing a summary of the highlights from the Federal Government's October 2022/23 Budget. Australia’s Foreign Investment Framework – increase to fees and penalties The Government has... read more →
We have pleasure in enclosing a summary of the significant announcements from the Federal Government's 2021/22 Budget. While there were no particular surprises in this year’s budget, just about everyone... read more →
2020 NSW BUDGET HIGHLIGHTS Treasurer Dominic Perrottet delivered his fourth budget for the Berejiklian government on Tuesday 17 November 2020, revealing a $16 billion deficit – the first in almost... read more →
We have pleasure in enclosing a summary of the significant announcements from the Federal Government's 2020/21 Budget. Please call your LT accountant to discuss how these changes apply to your individual... read more →
An SMSF friendly budget is the good news coming out of the 2018-19 Federal Budget. With SMSF members still working through the wide-reaching and complex superannuation changes which took effect... read more →
FEDERAL BUDGET NEWS HIGHLIGHTS We have pleasure in enclosing a summary of the significant announcements from the Federal Government’s 2018/19 Budget. We thought it was quite an interesting budget. Most... read more →
We have pleasure in enclosing a summary of the significant announcements from the Federal Government's 2017 Budget. This is a fairly subtle budget in terms of changes when compared to... read more →
We have pleasure in enclosing a summary of the significant announcements from the Government's Federal Budget 2016. There are a great deal of changes in this budget. Like in recent years... read more →