May 8th, 2018Treasurer Scott Morrison has handed down the 2018 Federal Budget, here’s our round-up of the most significant developments:A seven-year Personal Income Tax Plan will be implemented in three steps, to introduce a low and middle income tax offset, to provide relief from bracket creep and to remove the 37% personal income tax...
May 7th, 2018Federal Budget Night is a highlight on our editorial calendar as our expert team reports on taxation and superannuation changes– and what this means for Australians and our political landscape. This year our cracker team of editors are preparing for another Federal Budget – and the Budget lock-up, high-pressure review and writing...
May 3rd, 2018Contributed by Muhunthan Kanagaratnam, Partner and Chris Merjane, Lawyer, Gilbert + Tobin
Last week, Treasurer Scott Morrison revealed that the Australian Government will “relaunch” the research and development (R&D) tax incentive. It is his view that the government is currently “writing blank cheques to everyone that has a...
April 27th, 2018As we get closer to the 2018 Federal Budget, to be delivered by Treasurer Scott Morrison on 8 May, rumours keep circulating about new tax measures.Our recent blog post, “The annual May guessing game: what to expect at this year’s Federal Budget”, noted speculation that the budget could include individual income tax cuts and an...
April 27th, 2018All eyes and ears will be on Canberra this 8 May 2018 as the government hands down its annual Federal Budget.Some of the tax measures expected to be included in the budget include personal income tax cuts and R&D concession changes. The government currently faces opposition to its corporate tax cuts for medium and large...
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