Budget 2017 & tax

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Running Time: 8:03

Date: 01/06/2017

This year’s Federal Budget didn’t offer a lot to small businesses, but neither did it take much away.

Tax expert, Michael Jones, discusses some of the Budget announcements, including housing measures, and the extended period small businesses can write-off up to $20,000 of equipment. No dramatic changes to superannuation were announced in this year’s Budget, but Michael reminds us of the changes to super from 2016’s Budget which will start to come into effect on July 1st this year.

Michael Jones, Cummings Flavel McCormack