Newsletter
May/June 2017 Newsletter
Tax assistance for people affected by Cyclone Debbie
The ATO has said it will fast-track refunds for people affected by extreme weather and flooding associated with Tropical Cyclone Debbie and ex-Cyclone Debbie in Queensland and New South Wales, and will allow extra time for those...
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ATO adds value to developing financial literacy
The ATO is helping teachers add tax and super to their classes this year with dedicated educational resources.
In partnership with the Australian Curriculum, Assessment...
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Does your business import or export goods and services?
The ATO reminds business owners that if your business imports or exports goods or services in Australia, it is important to be aware of your GST responsibilities so you can get the information on your business activity statement...
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Senate Committee holds corporate tax avoidance hearing
The Senate Economics References Committee is inquiring into tax avoidance and aggressive minimisation by corporations registered in Australia and multinational corporations operating in Australia, including looking at the...
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Higher education HELP changes: faster repayments and threshold changes
The Minister for Education and Training, Simon Birmingham, has announced a package of reforms to higher education – the Higher Education Reform Package – to take effect generally from 1 January 2018. The details...
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Super guarantee non-compliance: Senate Committee report
On 2 May 2017, the Senate Economics References Committee released its report into Superannuation Guarantee (SG) non-payment, calling for the ATO to take a more proactive stance in identifying and addressing SG...
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Illegal SMSF early access scheme leads to 6000AUD fine
ASIC reports that a man from South Melbourne has pleaded guilty in the Melbourne Magistrates Court and been fined $6,000 for operating a financial services business without an Australian financial services (AFS) licence...
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