Post by ESV - Business advice and accounting

David Prichard is officially out of his self-imposed lock-up 🔒 Last night's Federal Budget was a big one, and not in a "minor adjustments" kind of way. CGT discounts replaced. Negative gearing overhauled. Discretionary trusts facing a 30% minimum tax. These are the structures thousands of Australian families and businesses have built their financial lives around. David has dived in and compiled his analysis - what's changing, when it kicks in and what you should be thinking about now. The short version: if you have investments, a trust, or a business, this budget affects you. The longer version is in the link below https://lnkd.in/gBhm_gMi #FederalBudget #tax