ATO Guidance: What Is “Carrying On A Business”?
The ATO has issued a draft taxation ruling to explain the factors it will consider [...]
New Passive Income Test For Lower Corporate Tax Rate
The Federal Government has recently introduced a Bill into Parliament to ensure that companies with [...]
Consultation Paper: Combating Phoenix Activities
The Federal Government has released a consultation paper proposing company and tax law reforms to [...]
Superannuation Guarantee
Crackdown on employer non-compliance The Government has announced a package of reforms to give the [...]
New Financial And Superannuation Complaints Authority
Legislation has now been introduced to establish a new external dispute resolution framework and an [...]
No GST On Digital Currency: Bill
The GST Act (A New Tax System (Goods and Services Tax) Act 1999) is being [...]
Legislation For First Home Super Saver Scheme And Downsizer Super Contributions
A Bill has been introduced into Parliament to establish the First Home Super Saver (FHSS) [...]
Merry Christmas from Infinity Financial!
The Directors and Staff at Infinity Financial wish you and your family a very Merry [...]
Tax Measures For Affordable Housing
The Government has released draft tax legislation to implement elements of its housing affordability plan. [...]
Identification Numbers For Directors: An Icarus Moment For Phoenix Activities?
The Government has announced a package of reforms to combat phoenix activities, including the introduction [...]