Labor Government 2022/2023 Full Detailed Federal Budget Report The Federal Treasurer, Dr Jim Chalmers, handed down the Labor government’s first Federal Budget at 7:30 pm (AEDT) on 25 October 2022. Despite an uncertain global economic environment, the Treasurer has lauded Australia’s low unemployment and strong export prices as reason for a 3.5% growth in the
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If you are a director, or alternate director, or if you were a director at any time since 31 October 2021, of any of the following, you must apply for your Director ID number by 30 November 2022: Australian company; Aboriginal or Torres Strait Islander Corporation; Corporate trustee (including trustee of a self-managed superannuation fund);
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Federal Budget 2022/23 full detailed report Highlights In an economy emerging from the pandemic, the unemployment rate is currently at 4% and there is an expected budget deficit of $78 billion for 2022/23. As international uncertainties add pressure on the cost of living, key measures of this year’s Budget are aimed to provide a relief
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On 23 February 2022, the Australian Taxation Office issued a Draft Taxation Ruling which is likely to have a significant impact on the taxation treatment of income distributions from trusts.   Specifically, the draft ruling provides the Commissioner’s position on the application of Section 100A, an anti-avoidance provision first announced as a new measure in 1978
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At Blaze Acumen, we value the health and safety of both our clients and staff members. Therefore, observing Government health orders, we are now required to sight proof of vaccination via the Services Victoria phone app or a certified medical exemption to be permitted to visit our office. If you are unable to visit our
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