Treasurer Chalmers has used his fifth budget to deliver the most far-reaching changes to Australia’s tax system.
Discretionary trusts, the Capital Gains Tax (CGT) discount and negative gearing are all in the firing line.
Please remember that these changes still need to go through the usual parliamentary processes and as we have seen recently with Div 296 super changes, they can eventually be changed.
Please click on the link below to read the Budget Recap
If you have questions about how this budget affects you please call us 02 9580 3353 to schedule a consultation
