The Real Story Behind The Tax Reform Debate

Welcome to our April Newsletter for 2016

We are now well into Autumn and enjoying the cooler weather. I am currently on a well-earned break with my family in Europe while my team continue to work hard for our clients.

I love April, particularly April 1 with its pranks and jokes. We’ve included some fun ones below!

One event that is never a prank, even if it feels like it sometimes, is the upcoming budget in May. With the budget and an election due this year, we start to see a lot of facts and figures circulating from politicians, community interest groups and business. Understanding fact from fiction can be quite a task.

This month, we take a look at some of these figures particularly relating to the tax reform debate, specifically regarding proposed changes to negative gearing and superannuation. We also discuss some positive changes for business restructures and capital gains tax.

Please enjoy and as always, if you need some friendly advice or just want to bounce some ideas, our office is always open or give us a call on 07 3379 1625.