So what's included in the Federal Budget?
The 2020-21 Federal Budget has been released and as expected, we have seen tax cuts and Government spending set for individuals and businesses, some of which may impact you.
As the world begins its recovery from the COVID-19 pandemic, this Budget proves to be a key component in how our country will make its way out of its first recession in almost 30 years.
Click the images below to review this year’s outline of the Federal Budget initiatives. As always, the Budget announcements are statements of proposed changes only, and do not come in to force until they are passed by the Senate and become law.
Been wondering how the Federal Budget will affect you?
Watch the 'How will the Federal Budget affect you?' interactive question and answer webinar as RJS Accountants and Planners provide their analysis on how the budget will impact Australians.
Our experts cover:
- the key changes across the taxation, superannuation and personal finance terrain; and
- the possible implications and opportunities for you post the 2020 Federal Budget announcement.
It's an insight not to be missed.