The 2018/19 Federal Budget announcements were wide-ranging and much of the detail has not yet been released.

The announcements included:
> $20K accelerated depreciation extended until 30 June 2019 for Small Businesses
> Introduction of a three-year cycle for SMSF audits for compliant funds
> Seven year personal tax cut plan

For further details, please refer to our concise and helpful Federal Budget 2018/19 Summary.*

*Please note that this Summary is about proposals, which have not yet been legislated.

If you have any concerns or would like to discuss how the Budget changes may affect you and your business, please contact us: 07 3221 4004 or mrg@mrgredshaw.com.au