Higher Education HELP Changes: Faster Repayments And Threshold Changes
The Minister for Education and Training, Simon Birmingham, has announced a package of reforms to [...]
No Change To Personal Tax Rates; Budget Deficit Levy To End
The 2017–2018 Federal Budget contained no changes to the personal income tax rates and thresholds. [...]
Alternative Assessments Not Tentative: Federal Court
The Federal Court has found that a company’s tax assessments were not tentative or provisional, [...]
Changes To FTB Part A Payments
The Budget confirmed that, from 1 July 2017, Family Tax Benefit Part A supplement payments [...]
GST On Low-value Imported Goods
A Bill introduced into Parliament in February proposes to make Australian goods and services tax [...]
Senate Committee Holds Corporate Tax Avoidance Hearing
The Senate Economics References Committee is inquiring into tax avoidance and aggressive minimisation by corporations [...]
Overseas Income Not Exempt From Australian Income Tax
The Administrative Appeals Tribunal (AAT) has agreed with the ATO’s decision that income a tapayer [...]
No Deduction For Carried-forward Company Losses
The Administrative Appeals Tribunal (AAT) has ruled that a company was not entitled to deductions [...]
Super Reforms: $1.6 Million Transfer Balance Cap And Death Benefit Pensions
Where a taxpayer has amounts remaining in superannuation when they die, their death creates a [...]
ATO Targets Restaurants And Cafés, Hair And Beauty Businesses In Cash Economy Crackdown
The ATO will visit more than 400 businesses across Perth and Canberra in April as [...]