Federal Budget 2022 – Overview

 

The following is a breakdown of the major parts of the Federal Budget delivered last night by the Treasurer, Josh Frydenberg. 

 

 

Federal Budget 2022 - Overview

 

Budget at a Glance

Keeping Australians Safe

Cost of Living

Strengthening our Regions

A workforce for now and or the future

Women

Guaranteeing the Essentials

 

 

Source: Budget.gov.au

  • Tax tips

    The more detail you can give your accountant the quicker your tax return can be processed and, usually, the better the outcome. The following will help.

  • Super, Death, and taxes

    An interesting finding in the federal government's Retirement Income Review report is that many Australians are dying with the majority of the wealth they had when they retired.

  • ATO responds to GST case involving SMSF

    The ATO has issued a decision impact statement on a recent decision that determined whether an SMSF was liable for GST on the sale of subdivided lots.

  • ATO statistics show 12 per cent jump in SMSF assets

    The total value of SMSF assets has climbed to $892 billion during the 12 months to March, according to the latest ATO statistics.

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