On Tuesday 8th May 2012 the Federal Budget was delivered to Australians. As part of this, the Government will deliver a new Benefits of the Boom package.
This package includes $1.8 billion in extra support for families through more generous family payments, with more than 1.5 million families receiving a boost to their Family Tax Benefit (FTB) Part A from 1 July next year.
More than a million families will receive an increase of at least $300. Talk to your Desborough Accountant for more information.