Australia Budget 2022-23 Delivered Including Temporary Reduction in Fuel Excise, Patent Box Expansion, and Increased Deductions for Small Businesses

Australian Treasurer Josh Frydenberg delivered the country's Budget 2022-23 on 29 March 2022. Some of the main tax-related measures of the Budget are summarized as follows:
Addressing Cost of Living Pressures – temporary reduction in fuel excise
The Government will help reduce the burden of higher fuel prices by reducing the excise and excise-equivalent customs duty rate that applies to petr…
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