Treasurer Scott Morrison has handed down his thrid Federal Budget and it contains a series of measures to assist small business to grow, invest and employ.
Many have pointed out that this is ultimately an election year budget, with the Government focusing on selling a 'low taxing' budget message though the redirection of a modest upside in revenues to personal income tax relief.
2018/19 Budget Highlights:
"Haslam’s innovative fixed fee arrangement provides our businesses with tremendous benefits. Giving us certainty what our accounting fees will be each month. Gone are the days of being scared to ring our accountant for fear of the huge bill arriving after the event." Greg Watson, CEO Realway Property Consultants Australia
Phone: 1300 427 526
Address: 15 Melway Crescent
HARRISTOWN QLD 4350,
If you buy an asset by 30 June and it costs less than $20,000, you can write off the business portion in your 2018 tax return.
Are you running behind on employee superannuation payments?
If so, you’re in luck.
Kelly O’Dwyer, Minister for Revenue and Financial Services, has just announced a Superannuation Guarantee Amnesty.
You have 12 months to get your unpaid super in order.