Holmans Federal Budget Summary
The Federal Budget released on Tuesday night (6 October) was all about encouraging business and personal spending to support employment, particularly as the JobKeeper measures start to unwind. Together with increased Government spending in key areas, they hope it can minimise job losses and promote an economic recovery.
A big part of that will come down to how taxpayers respond to the tax breaks and whether they are confident enough to invest in the future.
Importantly, if you have any queries about the Federal Budget or concerns during these uncertain times, please don’t wait on the accountant to contact you, if you’re not sure or want to know more – contact your accountant now. It is times like this that you need your professional advisors the most – don’t hesitate to contact them.
Over the last 36 hours, Holmans have poured over the Federal Budget summaries and papers, so you don’t have to. So here is our summary of the key announcements (remembering, it is not formally legislated yet):
Holmans Federal Budget Summary – Download
You can download the Holmans Federal Budget Summary as a printable PDF. Click here to access the PDF document.