Taxation and Accounting Services Provider in Australia

Taxation and accounting services in Australia. High Numbers offers a full suite of taxation and accounting services for individuals and small to medium business. Different clients need different services, but all clients need an experienced accounting and bookkeeping firm that can support and help grow their business. We can help you with income tax return, tax compliance, business advisory and more services.

https://www.highnumbers.com.au/

Federal Budget 2020-21 At A Glance

The personal income tax rate changes that have already been legislated, effective from 1 July 2024 (i.e., from the 2025 income year), remain unchanged. These involve abolishing the 37% personal income tax bracket, reducing the 32.5% personal income tax bracket to 30%, and increasing the upper threshold of the reduced 30% tax bracket from $120,000 to $200,000.

For More Info: https://www.highnumbers.com.au..../insight/federal-bud

Top Points to Note for SMEs from Budget 2020

The Federal Government announced more than $30 billion in tax cuts for business as part of its 2020 Federal Budget. Two initiatives, an extension of the instant asset write-off and the new ‘Loss Carry Back’ will assist businesses, encouraging them to invest as we emerge from the pandemic.

For More Info: https://www.highnumbers.com.au..../insight/top-points-

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