Lockwood & WardMay 21, 20191 min readFurther delays to division 7AChanges to Division 7A will be further delayed, as outlined in the 2019-20 Federal Budget. This section of the Tax Act requires benefits...
Lockwood & WardMay 19, 20161 min readHow the 2016 Budget measures affect individuals and familiesThe 2016-17 Federal Budget was handed down on 3 May 2016. The main budget measures likely to affect you are outlined below, together with...
Lockwood & WardMar 3, 20161 min readThe Federal Budget has delivered good news for businessesThe beginning of the 2016-17 income year will see companies with turnover less than $10 million taxed at a rate of 27.5%.