Superannuation guarantee amnesty bill passed by Parliament
This law change provides a number of incentives for employers to pay any unpaid historical superannuation guarantee (SG) amounts relating to the period 1 July 1992 to 31 March […]
Bushfires November 2019
If you’ve been impacted by these bushfires, we don’t want you to be concerned about your tax affairs. Now is the time for you, your family and community. We’ll help you sort […]
ATO receives five more years of policy details from insurers about “lifestyle assets” like yachts, fine art
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ATO treatment of amendments related to foreign resident CGT main residence exemption
The government had announced that […]
Backpacker tax overturned
The ATO notes that the decision only applies to working holidaymakers from seven countries — Britain, Chile, Finland, Germany, Japan, Norway and Turkey.
The recent decision in Read more
ATO closing tax gaps
Assistant Commissioner Karen Foat is assuring taxpayers who are doing the right thing, and only claiming what they’re entitled […]
If you missed the 30 September Single Touch Payroll reporting date, it’s not too late!
If you already use accounting or payroll software, you need to check whether it offers STP reporting. If it does, you need to […]
STP deadline passes with an embarrassingly small percentage already compliant
While the initial deadline was 1 July 2019, the ATO provided a three month transition period for employers that needed more time.
ATO’s small business benchmarks and stock for private use
Including this amount may help prevent your […]
Myths (and the facts) about work expense deductions
Mainstream media only recently was peppered with reports about the ATO being faced with many outlandish tax deduction claims — dental expenses, gambling losses, Lego sets and […]