federal budget

Arabon Accountants tax changes 1 July 2021

Tax changes and updates from 1 July 2021

The new financial year has arrived and so has several updates to the tax system and new policies impacting superannuation, healthcare, wages and tax rates.  Here’s what you need to know post 1 July 2021. Superannuation payments to increase Working Australians will receive a 0.5% boost to their superannuation fund.  Legislation requires superannuation contributions to …

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Arabon Accountants Federal Budget 2021/22

Federal Budget 2021/22: What are the wins for SMEs?

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 …

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Arabon Accountants Federal Budget Wrap Up

Australian Federal Budget 2020-21 Wrap Up

The 2020-21 Federal Budget has been described as the most anticipated in our history defining its post-COVID road to recovery despite the country experiencing its worst economic conditions since World War 2.  In this article we sift through the federal budget’s contents and what they mean for our nation’s SMEs. Personal income tax cuts The …

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