Federal Budget 2022–23 – ‘patent box’ extensions, 120% training and technologies deductions, ‘cost of living tax offset’ confusion
On Tuesday 29.3.22, the Federal Treasurer, the Hon Josh Frydenberg MP, handed down the Federal Budget 2022–23. The Government introduced a package of three Bills the next day and they were passed, by both houses, that same day (30.3.22) – see related TT article and Budget Paper No.2 (Receipts/Treasury). Many of the tax-related announcements were easy…