2018/2019 Federal Budget Overview

By | 2018-05-11T18:30:38+00:00 May 11th, 2018|Categories: Budget|

Individuals A seven-year Personal Income Tax Plan will be implemented in three steps, to introduce a low and middle income tax offset, to provide relief from bracket creep and to remove the 37% personal income tax bracket. The Medicare levy low-income thresholds for singles, families, seniors and pensioners will be [...]

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Victoria State Budget 2018/19

By | 2018-05-02T01:27:02+00:00 May 2nd, 2018|Categories: Budget|

The Victorian Treasurer has handed down the state’s Budget for 2018/19. The budget includes the following revenue measures: First home buyer stamp duty exemption For property settlements from 1 July 2018, Australian Defence Force personnel will be exempt from the first home buyer stamp duty exemption/concession residence requirement. This personnel will no longer [...]

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Victorian Budget 2017-18 announcements

By | 2017-05-03T02:20:56+00:00 May 3rd, 2017|Categories: Budget|

Land transfer duty (commonly known as stamp duty) to be abolished for first-home buyers purchasing a property up to $600,000, and a duty concession for first-home purchasesvalued between $601,000 and $750,000 Expected start date: Applies to contracts entered into from 1 July 2017 $20,000 FHOG to be available for homes built in regional Victoriaup to $750,000 [...]

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Markus Mobile Tax Accounting Services

PO Box 6197, Point Cook, Victoria 3030

Mobile: 0422 735 047

Web: Markus Mobile Tax Accounting Services

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