Newsletter
July 2018 Newsletter
Business lending practices in spotlight at Royal Commission
Bank lending practices for small and medium enterprises (SMEs) were in the spotlight when the Financial Services Royal Commission (FSRC) held its third round of public hearings in...
read more
Personal tax cuts now law
The legislation to enact the Government’s seven-year personal income tax reform plan, as announced in the 2018 Federal Budget, passed Parliament on 21 June 2018...
read more
GST property settlement online forms available
From 1 July 2018, purchasers of newly constructed residential properties or new subdivisions must pay the related GST directly to the ATO as part of the settlement...
read more
Major ATO focus on work-related clothing and laundry this tax time
This tax time, the ATO will be closely examining claims for work-related clothing and laundry expenses. Clothing claims are up nearly 20% over the last five years and the...
read more
Advisory Board to help clamp down on the black economy
The Government is establishing a new Advisory Board to support its reform agenda to disrupt the black economy...
read more
Superannuation system - Productivity Commission draft report
The Productivity Commission has released a draft report that recommends a range of changes to improve Australia’s superannuation system...
read more
SMSF compliance - don't slip up
With the self managed superannuation fund (SMSF) annual return lodgement deadline upon us, minds should have already turned to meeting compliance requirements...
read more