On Tuesday 3 May, Federal Treasurer Scott Morrison delivered the 2016 Federal Budget.
To help explain some of the key outcomes, you can download a Special Budget Edition fact file that outlines the high level impacts of this Budget on key financial advice strategies. This fact file covers important topics affected by the Budget, such as:
- Significant changes to super contribution caps
- Reduced tax concessions on super contributions for high income earners
- Tax benefits for low and middle income earners and small businesses
We hope you find this fact file useful. If you'd like to discuss any of the Federal Budget announcements, please call us on 02 4969 6266 to arrange an appointment.