On Tuesday, 2nd April Josh Frydenberg handed down his first Budget. The theme of this year’s Budget was “Budget in black, Australia back on track.” With an election looming, it sent a clear message to voters that it was setting the course for a better and brighter Australia.

The Budget was squarely aimed at showing support for Australia’s engine room, with nothing too radical that might upset anyone ahead of the upcoming election.

HLB Mann Judd’s Federal Budget Alert provides a succinct summary of the announcements related to personal and business taxation, tax compliance and superannuation.

Federal Budget Alert

Click here to download the 2019-20 Federal Budget Alert

Impact of proposed tax changes

With a Federal Election on the horizon, many people are starting to consider how a possible Labor Government could affect tax policy. Adelaide partner Steve Toth discusses Labor's proposed changes.

Uncertainty remains around private company loan rules

Recent changes introduced by the Government to the “Division 7A integrity rules” on private company loans do not remove all the uncertainties surrounding the rules. Brisbane tax director Daryl Jones addresses what will change from 1 July 2019.