Last night the treasurer handed down this years budget, with an election around the corner it is no surprise that the budget contained a few small cash handouts for most groups. Things that suprised me;
- Full instant asset write off has not been extended so the 2023 financial year is the last year it will operate
- They have extended the apprentice subsidy – there is a bit of detail to this so if you want more information please get in touch.
Rather than write a detailed article I thought I will give you a professionally written one: federal-budget-2022-2023-client-report, this is from Challenger Annuities and is one of the better to read ones I have read.