Budget 2020-21 Update
Posted 6 Oct '20
Posted 6 Oct '20
The 2020-21 Federal Budget is a road to recovery paved with cash.
Key initiatives include:
– Personal income tax cuts from 1 July 2020
– A $4 billion ‘JobMaker’ Hiring Credit to encourage businesses to take on more employees aged 16-35 years old
– $110 billion in infrastructure investment over 10 years
– Immediate deductions for business investment in capital asset
– Changes to how companies can manage losses
– Access to generous tax concessions for a wider range of businesses
For Queensland builders, tradies and construction businesses, QBCC financial compliance is about more than completing another annual form. The financial position of a licensed business can affect its ability to continue operating under its contractor licence and take on work.
We’re excited to introduce our latest Partner in Business, Simon Clarke, Director of Setlr Buyers Agents. Simon and his team understand that buying property isn’t just about finding the right home or investment. It’s about having the right advice, local knowledge and support to make a confident, well-informed decision.
We’re excited to introduce our latest Partner in Business, Davy Partners, led by Kateena Mills and Aaron Wells. With expertise spanning HR, digital strategy and marketing, their team helps growing businesses put the right people, processes and systems in place to move forward with confidence.