May 2015 Newsletter

#SoWhatsInThisEdition

This year's federal budget in many ways lived up to its hype. It was mostly a dull and boring affair - but there were some surprises.

Small business owners have plenty to smile about. The 1.5% tax rate cut has been confirmed, but it's also been extended to unincorporated small businesses to the tune of 5%. They'll also get an immediate deduction for all individual assets they have costing less than $20,000.

Employee Share Scheme rules have been simplified, as have car expense claim deductions. But pension thresholds have been extended and part pension taper rates tightened.

Learn more about this...

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Should you require more information regarding any topic covered in our newsletter, please contact GJB on 02 9686 3130 for advice on #yourself, #yourbusiness or #yoursuper.

Drop in for a coffee and a chat?

Kind regards,             


www.gjbarnett.com.au

Disclaimer: All information provided in this newsletter is of a general nature only and is not personal financial or investment advice. Also, changes in legislation may occur frequently. We recommend that our formal advice be obtained before acting on the basis of this information. 

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