Perhaps the Federal Budget 2015 – Joe Hockey’s second Budget – was as “dull and routine” as Tony Abbott said it would be, however from a tax perspective there were some big changes, particularly for small business. While it contains less of the hard hitting spending cuts from the 2014 Budget, it continues with the narrative of pledging a return to surplus despite dropping commodity prices. We consider that in focussing on more popular measures such as tax breaks for small

CABEL invites its clients to the Sydney Financial Village seminar series to discuss the upcoming budget and tax effective succession planning on Tuesday 12th May, from 6pm to 8:30pm at Village, Level 3, 1 James Place, North Sydney. Cabel Clients can secure their complimentary ticket CLICK HERE Drinks and Canapés will be served from 6pm while you network and mingle with guests. CABEL’s Tax consultants will be sharing their vast experience on the following topics. 6.30pm – “Tax

Another Federal Budget is looming and once again the death knoll for negative gearing can be heard. The catalyst for these rumours, yet again, is the overheated housing market. The policy intent of negative gearing is to increase the demand and, in consequence, the supply of residential housing. In turn, an abundant housing supply should place downward pressure on prices in both the owner and rental markets.In practice, we recommend our clients structure a negative gearing pr