2012/13 Federal Budget News

May 11, 2012 4:54 pm Published by

Click here for Smith Feutrill’s 2012/13 Federal Budget Newsletter which outlines how the recent announcement effects you.

In this issue:

– Company tax cut not proceeding
– Changes to the Net Medical Expenses Tax Offset
– Phasing out of the Mature Age Worker Tax Offset
– Non-residents – changes to tax rates and removal of the CGT discount
– Superannuation
– Better targeting of the ETP tax offset
– Company Loss Carry-back
– FBT – further reform of living away from home allowances and benefits

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