In this special OBT budget summary:
A couple of little tax ‘nasties’ in the 2013 Budget as the Government blitzes expenditure. For example, non-residents will be surprised to find they have been locked out of the 50% CGT discount from Budget night.
While the promised company tax rate did not eventuate, the other announced tax benefits aimed at small business remain.
The small business CGT concessions also remain intact. Plus lots of other small details, date changes and amendments of which to be aware.
If you have any queries or would like to discuss how the Treasurer’s announcements
apply to your particular circumstances, please call us at OBT on 07 3408 3444.
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