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financial advice Tag

Federal Budget 2020: Budget Measures for Businesses

There are a number of measures in the Budget that impact nearly all businesses. Tax concessions for medium businesses A number of small business tax concessions will be extended to medium businesses, i.e. businesses whose annual aggregated turnover is $10 million or more but less than $50 million. ...

Federal Budget 2020: Measures for Individuals

Here are some of the Budget measures that will affect individuals. Low and middle-income earners – tax cuts As widely anticipated, the government will bring forward to the current tax year (2020–21) the tax cuts scheduled to apply for 2022–23 and 2023–24 (Stage 2 tax cuts). Those...

The big picture highlights of 2020–21 Budget

On Tuesday 6 October, the Treasurer, The Hon Josh Frydenberg MP, delivered the delayed 2020­–21 Federal Budget, his second Budget. A big spending Budget that is all about jobs How times change. In April last year, Mr Frydenberg delivered a Budget that was forecast to produce a...

What you need to know about building an investment property

When thinking of an investment property, your first thought probably isn’t an empty block of land. But did you know that there are many advantages to building an investment property? Not only can you build the property to be fit-for-purpose, there are long-term financial benefits...

5 key points from the Federal Budget 2020

By John Lawler The Government has handed down a budget 2020 in response to the economic crisis due to the COVID-19 pandemic. Here is the Federal budget summary with 5 key points at a glance. WHAT'S IN?   1. Tax cuts The Federal Government will bring forward tax cuts for...