ATO Eye On SMSFs And Income Arrangements
The ATO is reviewing arrangements where individuals (at or approaching retirement age) purport to divert [...]
Take Care With Work-related Deduction Claims, Says ATO
The ATO has reminded individuals to make sure they get their deductions right this tax [...]
Single Touch Payroll Reporting Legislative Changes
A Bill to establish a new reporting framework, Single Touch Payroll (STP), has been introduced [...]
Small Business Tax Breaks In The Pipeline
A Bill has been introduced in Parliament which proposes to: increase the small business entity [...]
Personal Middle Income Tax Rate Cut On The Way
The Federal Government has introduced a Bill which proposes to implement its 2016 Budget proposal [...]
Home Exempt From Land Tax For “World-traveller”
An individual has been successful before the Victorian Civil and Administrative Tribunal (VCAT) in seeking [...]
Changes To $500,000 Lifetime Super Cap Confirmed
The Federal Treasurer has confirmed that there will be some changes to the Government’s proposal [...]
Deductibility For Gifts To Clients And Airport Lounge Membership Fees
The ATO has recently released the following Taxation Determinations: TD 2016/14 states that business taxpayers [...]
ATO Flags Retirement Planning Schemes Of Concern
The ATO has launched the Super Scheme Smart initiative to inform people about retirement planning [...]
Itinerant Worker Claim Denied, So Travel Deductions Refused
An individual has been unsuccessful before the Administrative Appeals Tribunal (AAT), where he argued that [...]