Immediate Deductions Extended15 March 2022
Are Your Contractors Really Employees?17 March 2022
The Federal Budget has been brought forward to 29 March 2022. With the pandemic and the war in Ukraine, we have seen a lot less commentary this year about what to expect in the Budget. But, as an election budget, we typically expect to see a series of measures designed to boost productivity, many of which are likely to benefit businesses willing to invest in the future. Bolstering the workforce, and measures to increase the participation of women is also a potential feature as Australia struggles with post-pandemic worker shortages. Fiscally, the Budget is likely to be in a better position than expected in previous Budgets so there is more in the Government coffers to spend on initiatives. Look out for our update on the important issues after the Budget is released.