Federal Budget 2022-23

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Federal Budget 2022-23

The Federal Budget has been brought forward to 29 March 2022. With the pandemic and the war in Ukraine we have seen a lot less commentary this year about what to expect in the Budget.

But, as an election budget, we typically expect to see a series of measures designed to boost productivity, many of which are likely to benefit businesses willing to invest in the future. Bolstering the workforce, and measures to increase the participation of women, is also a potential feature as Australia struggles with post pandemic worker shortages. Fiscally, the Budget is likely to be in a better position than expected in previous Budgets so there is more in the Government coffers to spend on initiatives.

Look out for our update on the important issues the day after the Budget is released.


Single Touch Payroll changes
  

Single Touch Payroll changes

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ATO ramps up heat on directors
  

ATO ramps up heat on directors

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The 120% deduction for skills training and technology costs
  

The 120% deduction for skills training and technology costs

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What’s changing on 1 July 2022?
  

What’s changing on 1 July 2022?

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Fuel tax credit changes
  

Fuel tax credit changes

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Breaking News - ATO Press Release on Debt Collection
  

Breaking News - ATO Press Release on Debt Collection

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