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Budget 2017 analysis: What didn’t make it into the budget this year?

The Government announced that it will not proceed with various measures announced in previous Budgets and MYEFOs, many of which will impact your clients.

Tax&Compliance Thomson Reuters 10 May 2017 — 1 minute read

These include:

- abolition of the seafarer tax offset;

- cessation of the education entry payment and the pensioner education supplement;

- various higher education measures – new measures are reported elsewhere in our special budget report;

- phasing out end of year supplements and limiting FTB Part B to single families with a youngest child aged under 17 years; and

- reducing FTB Part B for single parents with a youngest child aged 13-16.

This piece is brought to you by Thomson Reuters. For a comprehensive analysis of these and other budgetary measures, click here for your free report.