The upcoming 2015/2016 Federal Budget is believed to be filled with incentives for families and small businesses, but it is a different story for high income earners, people who earn income abroad, and own a huge asset base. Our PJS Accountants May 2015 Newsletter discusses the budget reforms / changes for:
There will also be new taxes as well as reforms on existing taxes, all intended to lower the budget deficit. Read up on:
- GST on Online Purchases and Services
- “Googletax” (Multinational Tax Crackdown)
- Bank Deposit Tax
If you are one of those who will be heavily impacted in the new federal budget, talk to an expert about your concerns. PJS Accountants have specialist advisors who you can consult with regarding tax planning and compliance, accounting and other bookkeeping services, superannuation, and more. Call us on (07) 3245 5726 or visit us here.