November Essential Tax Summary – Review of travel expense rules; Review of Higher Than Expected Deductions; Dividends From Foreign Companies & Excess Superannuation Contributions
While some of the Budget announcements have passed through Parliament (see Legislation for the latest), we’re waiting to see whether the proposed changes to the small business entity thresholds and corporate tax rate become law in their current form. Meanwhile, the Tax Office is seeking input into travel allowance expenses and the exception to the […]