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The Federal Government has now handed down the 2018 Budget.  Whilst there have been a number of changes, we have given you a summary of the wins and losses for business owners, along with our thoughts in the below video (12 min view time). Small Business  ($10M or under turnover) Extension of $20k asset write off.  Will revert back to $1k from 1 July 2019. Contractor reporting system to be extended to Road…  Read more

[wpvideo PoewHiUL] The Federal Government has now handed down the 2017 Budget.  Whilst there have been a number of changes, we have given you an overview of the main changes affecting business owners. Small Business  ($10M or under turnover) Extension of $20k asset write off.  Will revert back to $1k from 1 July 2018. Medicare Levy Lower threshold is increasing to $21,655 for singles and $36,541 for families from 9 May 2017.…  Read more