2021 Budget Measures

Tax Advisory
Written By Andrew Law

If you are looking for a quick rundown of the 2021 budget highlights, look no further than my latest video using my kids toys to explain.

If you are short on time, here are the salient points:

  • Extension of previous announcements - IAWO and loss carry back.

  • Low and medium income tax offsets extended.

  • Significant changes to superannuation.

  • ESS changes relating to deferred taxing points and easing of admin burdens.

  • Patent box regime introduced.

  • Lots of spending.

Andrew Law
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