News

This month is dominated by the ATOs focus on the validity of deductions being claimed. A new draft PCG sets out the timing of deductions

1 December Pay income tax for taxable large/medium taxpayers, companies and super funds. Lodgment of return is due 15 January 2020. Pay income tax for the

21 November Lodge and pay October 2019 monthly business activity statement. 25 November Lodge and pay quarter 1, 2019–20 activity statement if you lodge electronically. 28

The Government has resurrected its plan to remove access to the main residence exemption for non-residents – a move that will impact on expats and

From Government Distributions from testamentary trusts to minors integrity measures Treasury has released exposure draft legislation aimed at tightening the rules in relation to ‘excepted

You might have seen the recent spate of media freedom advertisements as part of the Your Right to Know campaign. The prime-time advertising states that

21 October Payment of annual PAYG instalment notice Lodge and pay Quarter 1 September 2019 PAYG instalment activity statement for head companies of consolidated groups.

The Government has resurrected the Superannuation Guarantee (SG) amnesty giving employers that have fallen behind with their SG obligations the ability to “self-correct.” This time

We’re all trying to be more savvy about our investments and planning for our future, but where to start? A common question asked by clients

From Government Review of company tax residency rules The Government has requested that the Board of Taxation conduct a review of the tax residency rules

We had a client recently who broke their leg. It was a simple scenario. driving along 1 day and was involved in a car accident.

The investment strategies of Self Managed Superannuation Funds (SMSFs) are under scrutiny with the Australian Taxation Office (ATO) contacting 17,700 trustees about a lack of