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<oembed><version>1.0</version><provider_name>Dendra Accounting Group</provider_name><provider_url>https://dendra.com.au</provider_url><title>Budget Update 2017-18 | Dendra Accounting Group</title><type>rich</type><width>600</width><height>338</height><html>&lt;blockquote class="wp-embedded-content"&gt;&lt;a href="https://dendra.com.au/budget-update-2017-18/"&gt;Budget Update 2017-18&lt;/a&gt;&lt;/blockquote&gt;
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&lt;/script&gt;&lt;iframe sandbox="allow-scripts" security="restricted" src="https://dendra.com.au/budget-update-2017-18/embed/" width="600" height="338" title="&#x201C;Budget Update 2017-18&#x201D; &#x2014; Dendra Accounting Group" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"&gt;&lt;/iframe&gt;</html><description>Welcome to our 2017-18 Budget summary. We have summarised all the relevant areas of the budget that apply to our business and investor clients along with a few other interesting areas of the budget. Overseas investors have been very heavily impacted and the most surprising part of the budget is the increase in the property settlement tax by 2.5% to 12.5% but also the reduction of the threshold to $750,000. This means that an overseas investor will need to pay tax on a purchase of any property that exceeds $750,000. The Government has also dealt the first blow to the [&hellip;]</description></oembed>
