Blog - Business Advice

2019 Federal Budget - Individual Apr 3, 2019

The Government has introduced new immediate tax relief for low-and-middleincome earners of up to $1,080 for singles or up to $2,160 for dual income families to ease the cost of living.

The offset will be available for the 2018-19, 2019-20, 2020-21 and 2021-22 income years.

2019 Federal Budget - Business Apr 3, 2019

http:///2019-federal-budget-otherThe instant asset write off has again been extended with the value of the depreciable asset able to be written off increased to $30,000. Additionally the turnover eligibility threshold increased to those businesses turning over up to $50 million.

2019 Federal Budget - Other Apr 3, 2019

Here is a summary of all the winners and losers from this years budget.

2019 Federal Budget - Economy Apr 3, 2019

While the deficit for this year is expected to be $4.2bn, the Treasurer announced return to surplus of some $7.1bn estimated for 2019-20. At least 1/3 of that forecasted surplus can be attributed to the collapse of the iron ore tailings dam in Brazil and the unexpected increase in the global price of iron ore this has caused which in turn has boosted government revenue.

Employers protected from casuals double-dipping Feb 15, 2019

Employers are now protected from casual employees ‘double-dipping’ under the Fair Work Act Regulations 2009 (Cth) (Regulations) effective 18 December 2018. 

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