Where to next?
This is what we’re asked by many people and the reason why our clients chose Hayes Knight.
Our clients know we are good at the fundamentals – accounting, tax compliance, and audit – but they come to us because not only are we good at the fundamentals, we have the expertise to help them identify, structure, and secure, their future … their next step.
Budget 2015: Survival of the Fittest
As the Treasurer foreshadowed, this is a Budget of structural reform with distinct short and long term winners and losers. Much of the headline bad news was fairly accurately reported and old news by Budget night.
The most startling change in this Budget however is the level of consolidation and refocusing of public services with a huge range of small industry assistance and health programs consolidated into larger initiatives that clearly pick winners. Indexation of many Government programs has also been paused.
For many – families, pensioners and those that rely heavily on assistance and subsidies – the impact of the Budget will be evident through the co-payments that will demand a little more for each service each time and in some circumstances severe restrictions to eligibility.
For business, left untouched was the reduction in the company tax rate.
If you are affected by the Budget or think you might be? Talk to your Hayes Knight adviser about how to get the best result in a changing environment.
Click here to download: Hayes Knight Budget Summary 2015 – Survival of the fittest