Federal Budget 2008

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Federal Budget 2008 Summary - topics:

• Income tax rates
• Medicare levy low income threshold
• Medicare levy surcharge
• Employee share schemes
• Entrepreneurs’ tax offset
• Income test for benefits
• Family Tax Benefit Part B
• Child Care Tax Rebate
• Education Tax Refund
• Baby Bonus
• Measures for carers
• Expanded definition of income
• Luxury car tax
• FBT - Jointly held investment assets
• FBT - Work-related items
• Superannuation
• Family trusts

Nick Moustacas

Phone: 02 9580 3353