Category Archives: Federal Budget

ALP announces massive (potential) changes to trust taxation

Although we don't normally report on Opposition tax policies, this policy change is so fundamental, and the existing state of the Federal Parliament is so chaotic, that we believe it's worth bringing this to your attention. The Leader of the Opposition, Bill Shorten, has announced that a Labor Government (should they be elected) will introduce…
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Company Tax Cuts

After a marathon few days of extended sittings (the last before the Federal Budget in May), the Government finally managed to get its company tax cuts through the Senate, but it was not without compromise. The following outlines the final changes to the law, as passed by the Senate, including a recap of which of…
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