As you may be aware, last night the Federal Budget was delivered by Treasurer Josh Frydenberg MP. Some of the key announcements to come out of this Federal Budget include:
- An increase in the tax offset for low and middle income earners
- Further changes to marginal tax rate thresholds
- Increased flexibility for older Australians to make super contributions
- One off payments for income support recipients
- Increased spending on infrastructure and essential services
Here you will find a detailed client summary of how you might be affected.
https://www.bt.com.au/content/dam/public/btfg-bt/documents/personal/insights/articles/economy/20190402-bt-federal-budget-2019-20-budget-summary.pdf
- An increase in the tax offset for low and middle income earners
- Further changes to marginal tax rate thresholds
- Increased flexibility for older Australians to make super contributions
- One off payments for income support recipients
- Increased spending on infrastructure and essential services
Here you will find a detailed client summary of how you might be affected.
https://www.bt.com.au/content/dam/public/btfg-bt/documents/personal/insights/articles/economy/20190402-bt-federal-budget-2019-20-budget-summary.pdf
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