2016/2017 Federal Budget Overview
What The 16/17 Year Budget Means for Families and Personal Tax
Small businesses operating as companies are one of the bigger winners out of this year’s budget.
The Government has announced that it will legislate the objective of superannuation as ’to provide income in retirement to substitute or supplement the Age Pension’.
The Government says that this objective has guided the other reforms announced and a legislated objective will enhance stability in the superannuation system