Increased CGT Discount For Investments In Affordable Housing
From 1 January 2018 the CGT discount for individuals will be increased from 50% to 60% for [...]
New Residential Premises: Purchasers To Pay GST
Purchasers of newly constructed residential properties (or new subdivisions) will be required to remit the [...]
GST Treatment Of Digital Currency
The Government will align the GST treatment of digital currency with money. The treatment of [...]
CGT Small Business Concessions: Restricted To Assets Used In Business
The Government will amend the small business CGT concessions to ensure that the concessions can [...]
Illegal SMSF Early Access Scheme Leads To $6,000 Fine
ASIC reports that a man from South Melbourne has pleaded guilty in the Melbourne Magistrates [...]
Tax Free Payments To Child Sexual Abuse Survivors
Redress payments under the Commonwealth Redress Scheme for Survivors of Institutional Child Sexual Abuse (the [...]
Higher Instant Asset Write-off Threshold For Small Business Extended
The Government will extend the current instant asset write-off ($20,000 threshold) for small business entities [...]
Does Your Business Import Or Export Goods And Services?
The ATO reminds business owners that if your business imports or exports goods or services [...]
Government Commits To Remainder Of 10-year Package To Reduce Company Tax Rate
The Budget confirmed the Government’s intention to re-introduce the remaining elements of its 10-year Enterprise [...]