election

Tax landscape after the election: The way ahead

John Jeffreys* There are two ways that tax practitioners can look at the election result — and these have nothing to do with the shades of blue or red that may have tinged your voting intentions in the lead up to May 18. During the election campaign, with now de-bunked polls asserting a change of

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Post-election: What can your clients expect regarding LMITO?

Now that the government is unchanged, one proposed change contained in the recent federal budget that will most likely be given priority is the increase to the low and middle income tax offset (LMITO). The previously proposed (and legislated) LMITO, applying for the 2018-19 to 2021-22 income years, is to be increased. This will change

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