May 2019 - Practice Update

2019/20 Budget Update The Government handed down the 2019/20 Federal Budget on Tuesday 2 April 2019. Some of the important proposals include: Increasing and expanding access to the instant asset write-off from 7:30 pm (AEDT) on 2 April 2019 (i.e., ‘Budget night’) until 30 June 2020, as follows: – Increasing the instant asset write-off threshold...

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