• Email
  • Facebook
  • LinkedIn
  • Twitter

PGD Financial Services

(02) 9241 3214 Get in touch
  • About Us
    • Our team
    • Financial services guide
    • Awards & accreditations
  • News & Lifestyle
    • Lifestyle
    • Finance
  • Client Experience
  • Life Events
  • Our Services
    • Aged Care
    • Business management
    • Cash flow management
    • Estate planning & administration
    • Executive financial planning & CFO services
    • Expatriate financial services
    • Fee for service
    • Investment planning
    • Lending/debt management services
    • Portfolio structure selection & tax management
    • Risk insurance
    • Super and retirement planning
    • Wealth planning & accumulation
    • Wealth Portal & Budgeting App
  • Resources
  • Contact

May 13, 2015 by GPL Admin

2015 Federal Budget

The key initiatives in this year’s Federal Budget are:

  • Many lower income young families will benefit from greater childcare subsidies
  • Families choosing not to vaccinate their children will miss out on childcare subsidies and family benefits
  • Pension assets test changes will benefit lower net worth retirees, however, higher net worth retirees may receive reduced entitlements
  • It will no longer be possible to claim both the full Government and employer provided parental leave payments
  • The company tax rate for eligible small businesses will be reduced by 1.5%
  • Unincorporated small businesses will receive a 5% tax discount
  • Small businesses will be able to fully deduct capital expenses of up to $20,000 per annum
  • Farmers’ capital expenditure on fencing and water facilities will be fully deductible

Read the full analysis here.

View the 2015 Federal Budget with Peter Hogan(Senior Technical Manager, MLC)

Contact PGD Financial Services

Plaza Building Level 9
87-95 Pitt Street Australia Square
Sydney 2000

P: (02) 9241 3214
F: (02) 9241 3147
E: enquire@pgdfs.com

  • Advice warning
  • Legal notice
  • Complaints
  • Privacy
  • Sitemap

Copyright © 2023 PGD Financial Services. Wordpress Website by The DMA

PGD Financial Services PGD Financial Services (ABN 64 095 596 339) are authorised Representatives of Godfrey Pembroke Group Pty Ltd (Godfrey Pembroke), ABN 38 078 629 973, Australian Financial Services Licensee 245451, a member of the IOOF group of companies.