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    The 2015 Budget

    Here is our wrap up of the 2015 Budget how it may affect your wealth, business and family. 2015 Budget Overview 

     

    Education Tax Refund

    With the start of the 2011 school year just around the corner a reminder to all parents to keep all your receipts for tax time. Apart from school textbooks and stationery, you can also claim computer purchases, internet connection, printer & cartridges etc. To find our more on what you can or cannot claim, visit:

    http://www.educationtaxrefund.gov.au/what-can-i-claim.html

     

    26/06/09 Last chance to shop for the Education Tax refund

    If you are entitled to receive FTB Part A for a child at primary or secondary school (or would be if you weren’t receiving a payment for that child that stops you from getting it) you will qualify for the 2008-09 Education Tax refund.

    This means that you could get back 50% on some education expenses – like computers, printers, educational software, textbooks and stationery – but only if you make the purchase on or before next Tuesday, 30th June 2009.

    It is also available to independent students in primary, or secondary school.

    More information visit:

    www.educationtaxrefund.gov.au/home

    26/06/09 $3,000 Free Advertising to be won by completing local newspaper survey

    Local small business owners have been putting their views forward in the News Community Media SME survey – promoted by the South-East Advertiser. The online survey, which is currently open for businesses to access, seeks the views of business owners across a range of matters and takes around 15 minutes to complete.

    All businesses that complete the survey are entered into a draw to win a $3,000 advertising package with Quest Community Newspapers.

    To take part in the survey, visit www.smesurvey.myyardstick.com.

     19/06/09 Queensland State Budget for Jobs

    Major spending on roads, schools and community services were the priorities for State Government in this year’s Budget. The Budget also includes $85 billion in borrowings over four years.

    Revenue raising measures included the withdrawal of the fuel subsidy scheme that will push petrol prices up by around 9 cents per litre and the sell-off of some state assets including the Port of Brisbane and Queensland Motorways.

    A 25 per cent payroll tax rebate will be offered to employers on the wages of eligible apprentices and trainees.

    Premier Anna Bligh says her focus is on capital works projects which will generate jobs. A $2.4 million police station at Carina, road upgrades and $1.5 million for a heated swimming pool at Colmslie were included in her plans.

    Local State schools will also benefit from funding for minor works projects. These include Buranda, Cannon Hill, Carina and Cavendish Road.

    Major road projects include $260 million for the Gateway Upgrade Project and $2.4 million for concept planning of Old Cleveland Rd between Carindale and Capalaba. The Eastern Busway also received another $138 million. Another $2.3 million will go towards the construction of a bikeway between the Gateway North-Lytton Rd interchange and Schulz Canal.

    Whilst there was nothing of note in the budget specific to small businesses it is to be hoped that the bigger plan to preserve jobs will feed through into the local economy supporting the growth prospects of local businesses.

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