Video: implications of the Federal Budget 2014–15 announcement
The Australian government released its 2014–15 Budget on 13 May. The budget affects a range of individuals and industries across Australia and has received mixed market and public reactions. In among the broad discussions taking place nationally, partners Karen Payne and Adrian Varrasso have highlighted a number of issues that will affect corporate Australia.
Payne, a specialist in corporate, international and funds management taxes, and Varrasso, a specialist in commercial transactions and arrangements, delve into a number of these important considerations, discussing:
- The platform for federation tax reform that the federal budget signals
- White papers (due out in 2015) that will consider the spending and taxation roles for different levels of government
- The increase in the fringe benefits tax rate
- The change in the corporate tax rate
- What is in the budget that would boost business confidence
Click on the link below to watch this Minter Ellison video.
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