Insights

The 2017 Federal Budget has been handed down, responded to, cut up, reviewed, supported, dismissed as too Labor or too political. Whatever individual argument is thrown at the Budget, I see it as a nothing Budget – another 12 months for Australia to prod through until next May.

In the 2016-17 Budget, the Government announced that it will reduce the corporate tax rate progressively from 30% to 25%.

New superannuation legislation will take effect from 1 July 2017. It has received Royal Assent so will apply in its present form. 

Non-concessional Contribution Issues

Carrying on from our first blog Superannuation Reform 2017 Overview, we wish to inform how you will be affected when the new superannuation legislation takes effect from 1 July 2017.

Changes to the Australian superannuation system have received royal assent (formal approval of an act of Parliament) and will take effect from 1 July 2017.

Archer Gowland works with and recommends James Cavanough and Neil Smith from Lantern Advisory in Brisbane. Their services include financial planning, wealth management and insurance for business owners and their families.

Budget Impacts for Small to Medium Sized Enterprises (SMEs)

The Archer Gowland Family Office is your single, trusted point of contact for your business advisory, taxation, insurances and wealth management.

This article has been written for high net worth professionals, business owners, and partners and directors of professional services firms, including law firms. It provides you with an update on the property market and recommendations for investors in this space.