Budget 2016 & tax

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Running Time: 10:25

Date: 01/06/2016

It’s always tough to keep up with changes to tax rules, and the federal budget has provided us with more.

Two of the more important ones are: the new definition of what constitutes a small business; and some changes — yet again — to superannuation. Tax expert, Michael Jones of Cummings Flavel McCormack unpacks what they are and how they might affect your clients.

Michael Jones, Cummings Flavel McCormack