Treasurer Josh Frydenberg has delivered a free spending budget designed to drive employment growth, while also allocating increased funding to social programs such as disability services, aged care and mental health, as well as women’s economic security. Included also is the extension of support to taxpayers through the retention of the low and middle-income tax …
Federal Budget 2021/22: What are the wins for SMEs? Read More »
Every vendor selling a property needs to prove that they are a resident of Australia for tax purposes unless they are happy for the purchaser to withhold a 12.5% withholding tax. From 1 July 2017, every individual selling a property with a sale value of $750,000 or more is affected.
Does superannuation offer an avenue to help downsizers and first home savers? The Government seems to think so. Late last month the detail of the housing initiatives announced in the Federal Budget were released for consultation. We explore what’s on offer and the implications.
The global economy is picking up and Australia is about to secure the global record for the longest period a country has gone without a recession. But with the focus on the political environment, there is an uneasiness in the market and with uneasiness comes a reticence to take risks.
(c) 2021 Arabon Accountants Pty Ltd ABN 91 600 325 540. Liability Limited by a scheme approved under Professional Standards Legislation. Registered Tax Agent Number 25620662. View our privacy policy.
