The 2017-18 Federal Budget was handed down last night. Practising Tax have allowed me to share with you, their plain-English wrap-up of the announcements that are most likely to affect you and why. Highlights include: Notwithstanding speculation to the contrary, the Temporary Budget Repair Levy (levied at two percent of taxable income in excess of $180,000) will … Continue reading Federal Budget – 09 May 2017