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Budget Measures 2022-2033: impact on SMEs and Sole Traders

The Treasurer has announced a series of measures for the 2.3 million small businesses and sole traders in Australia.

These measures should result in a number of positive outcomes including; improved cash flow, saved time, increased efficiencies and the scope for businesses to align financial performance with tax payments.

Our visual guide (below) allows you to succinctly understand what has been proposed and it’s overarching impact.



For any enquiries related to this update, contact us today.


Author Bio

Andersen in Australia has been recognized as one of the leading tax firms in Australia and globally. We provide comprehensive and diverse tax services and consultations to both companies and individuals, empowering them to access independent tax and business advisory guidance that exceeds their expectations.

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