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In this edition:
As expected, this year's Federal Budget has a strong emphasis on job growth and women's security. The are some significant changes to superannuation, affecting both employers and employees.
Individuals earning less than $126,000 can expect some tax relief and there are three new or extended measures to support first home buyers.
All measures outlined are expected to commence from 1 July 2022, once they have received Royal Assent. Compared with last year's record deficit of $213.7 billion, the underlying cash deficit is projected to decrease to $161 billion as the economy continues on the path to recovery from Coronavirus.
We've divided the measures into three categories so you can select the information that is most appropriate for you:
Our aim is to make better use of your time and keep you updated on matters affecting your business and family life.
If you have any questions about how these measures affect you or your business, please contact your Manager or Partner at Goodwin Chivas & Co.
The Goodwin Chivas & Co. team
Suite 401 29-31 Solent Circuit
Norwest Business Park
Baulkham Hills, NSW 2153 Australia
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P:
(02) 9899 3044
F: (02) 9899 1524
Our Team Members are the heart and soul of our business. Our team's guiding principles are integrity, respect, teamwork, achievement and innovation. Our guiding principles are the keys to our culture and to achieving our vision.
We offer a range of free and easy to use
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