The 2018-19 Federal Budget announcements were wide-ranging and much of the detail has not yet been released. Announcements include:
- $20K accelerated depreciation extended until 30 June 2019 for SMEs
- 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 Resources Unearthed on 61 (0)7 3007 2007 or contact@resourcesunearthed.com.au
Resources Unearthed is a solutions hub that provides integrated financial, legal and business advisory services for executives, professionals and business owners in the mining and resources sectors.
The information contained here is general and not intended to serve as advice. Any information supplied is not a substitute for independent professional advice. We do not warrant the accuracy, reliability, completeness or adequacy of the information or material. All information is subject to change without notice.
