Budget Edition Newsletter – May 2023
Enjoy our Federal Budget summary Newsletter which includes:
- Superannuation is to be paid with wages – starting from 2026
- Instant asset write-off, down to $20k
- GDP adjustment factor
- Superfund non-arms length expenditure review new rules
- ATO compliance program – more strength to collect taxes and keep you on your toes
- Some free tickets for non-lodgers of returns in getting their taxes up to date with some penalties waived
- New taxes with large superannuation balances
Take a look at our Newsletter here
Reach out to us if you need clarification on any budget matters.
