The Australian Federal Budget 2022/23

On Tuesday, 29th March, Federal Treasurer Josh Frydenburg delivered the 2022/23 Federal Budget, highlighting the programs of support to assist everyday Australians against the rising cost-of-living and help business in the post-pandemic recovery, as this now begins to take shape.

In an Election-year Budget, Treasury announced reforms at individual and business levels to come into effect following Royal Assent, with remit to introduce greater increases to the Low-and-Middle Income Tax Offset, a temporary reduction in fuel excise duty, one-off support for cost-of-living expenses, technology and skills 'boosts' for business via financial backing, greater streamlined compliance reporting for businesses, and other measures to assist across industry.

In our our Federal Budget 2022/23 - Insights & Analysis Report, we provide a detailed breakdown of the main measures announced and how these changes affect you and your SME business.

Should you require any further information or wish to book a complimentary consultation to review how the team at Archer Gowland Redshaw can help you at an individual or business level, please contact us on (07) 3002 2699 | info@agredshaw.com.au.