Wednesday, 3 May 2017


The Victorian State Budget for the 2017/2018 financial year has been released.

Of particular interest to our clients is the increase in the payroll tax free threshold from $575,000 to $650,000 effective 1 July 2018.

There have also been announced a number of changes to property taxes starting 1 July 2017 including the abolishment of stamp duty for first home buyers up to a house value of $600,000 and cuts to stamp duty for first home house values up to $750,000.

For further information regarding the Victorian State Budget see the below link to the State Government website

We provide accounting and wealth management services to clients in WoodendGisborne and Macedon Ranges areas within Victoria Australia.  

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