Welcome to the politics of Budget repair. Australia has just seen the toughest Federal Budget since 1997, with spending cut and taxes raised to generate policy savings on a scale not seen for the better part of two decades. As expected, from a business taxation perspective, the Treasurer has continued to reposition existing tax policies with no major surprises or changes.
For more information on this year’s budget, we invite you to click on the links below.
|Click here for Federal Budget insights by topic|
Deloitte Tax partner, Claudio Cimetta, discusses the tax implications of the Federal Budget 2014-15 live on Sky Business News.
Video | 4:40 mins
Video | 3:46 mins