In this issue:
The Government has taken a two-prong approach in this year’s Federal Budget to stimulate growth in the economy by providing targeted spending and business incentives. The Budget focuses on maintaining the integrity of Australia’s tax system to ensure it is fair and secure to all and covers five key areas.
• Keeping taxpayers honest
• Rates increase for fuel tax credits
• Building a sustainable lifestyle
• ATO to report unpaid debts
• A guide to negative gearing