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:
"We have been using Haslam Consulting and Accounting for over seven years to look after our bookkeeping. We have found their serive to be outstanding on both a professional and cost effective level. Having our accountant do bookkeeping increases their understanding of our business and frees up our time to work on growing the business." Craig Lloyd, Director Craig Lloyd Painting Services
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.