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Federal Budget Explained, What It Means For Everyday Aussies


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John Saade joined Arvos with Adam Peacock on SEN 1170 to break down the Federal Budget and what it could mean for everyday Australians, small business owners, investors and taxpayers.


In this segment, John discusses the impact of the Budget on capital gains tax, family trusts, small business structures, tax planning, Payday Super, cash flow and why business owners should avoid making emotional decisions before the legislation is finalised.


The key message is simple, do not panic, do not rush into selling assets or changing structures, and speak to your accountant before making any major financial decisions.


Need an accountant or just want to chat about your business?


GET A FREE CONSULTATION FOR ALL ABN HOLDERS ๐Ÿ‘‰ https://forms.zohopublic.com/john205/form/GENERALENQUIRYFORM/formperma/VYEBrsCV_ompEVvnkA0eygWlJxXO5OajFsjjngf_jzw


CHAPTERS


0:00 What does the Federal Budget actually mean?

0:24 Does the Budget help or hurt everyday Australians?

0:35 Capital gains tax, small business and trusts

0:50 Tax relief for everyday workers

1:05 Why changes may not hit your pocket straight away

1:13 Reviewing investment and business structures

1:32 When could the Budget changes take effect?

2:22 Biggest takeaway for small business owners

2:30 Why you should not rush into changes

2:38 Capital gains tax and investment property concerns

2:49 Waiting for the final legislation

2:57 Why trusts may start to fade away

3:16 Holding companies explained

3:28 The biggest mistake people make after a Budget

3:52 Do not react emotionally

4:00 Focus on the controllables

4:28 Payday Super changes from 1 July

4:42 Why cash flow planning matters

4:51 Tax planning before 30 June

5:07 Free consultations for ABN holders


Stop guessing with your taxes. Whether you are a sole trader or a company, letโ€™s get your strategy sorted before the ATO sends that scary letter.


OUR SERVICES ๐Ÿ‘‰ https://latitudeaccountants.com.au/accounting-services/


For any business enquiries, reach out to: [[email protected]](mailto:[email protected])


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Disclaimer: This video is for general information and educational purposes only. It does not constitute formal accounting, tax, business or financial advice. Please speak to your accountant about your specific circumstances.

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The Lat ChatBy Latitude Accountants