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NEWS

Budget 2023-24 Newsletter

10/05/2023
  • Depreciation made less generous
  • Small business energy incentive
  • Small business lodgement penalty amnesty
  • Crackdown on unpaid tax and superannuation
  • No changes to stage 3 tax cuts
  • Low and middle income tax offset not extended
  • Superfunds with balances over $3m taxed higher
  • Super payable on payday from 1 July 2026
  • No reduction to minimum draw down for super pensions
  • Social security increases
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