Employee super guarantee contributions due The ATO has reminded employers that employee super guarantee (SG) contributions for the quarter ending 31 December were due by 28 January. It also emphasised that if they didn't pay the correct amount of SG on time,...

Read More

ATO: Get ready for FBT time! The ATO has issued a reminder that as the 2023 FBT year ends on 31 March 2023 that it’s a good time to start thinking about FBT obligations and that you’ll need to work out if...

Read More

MONDAY Taxpayer assessable on dividend: company still in existence The AAT has ruled that the taxpayer was assessable on a franked dividend of $40,000 paid to him from his wholly owned company. The taxpayer argued that a decision by Centrelink...

Read More

Taxpayer assessable on dividend: company still in existence The AAT has ruled that the taxpayer was assessable on a franked dividend of $40,000 paid to him from his wholly owned company. The taxpayer argued that a decision by Centrelink in...

Read More

Guidelines for contractors and suppliers The ATO has updated it guidance for ATO contractors and suppliers. It updating the guidance the ATO noted that “businesses and government agencies working with an ethical business relationship statement consistently achieve better results and reduce costs....

Read More

MONDAY Guidelines for contractors and suppliers The ATO has updated it guidance for ATO contractors and suppliers. It updating the guidance the ATO noted that “businesses and government agencies working with an ethical business relationship statement consistently achieve better results and reduce...

Read More

First Home Buyer Choice (NSW) The NSW Government's principal housing policy to enable first home buyers to opt for an annual land tax over stamp duty took effect from yesterday, 16 January. Eligible first home buyers can now avoid upfront stamp duty...

Read More

Downsizer super contributions: new 55 year age threshold The Government has issued a reminder that from 1 January 2023, the eligibility age for “downsizer” superannuation contributions will expand to include homeowners aged 55 and over - who can now contribute...

Read More

MONDAY AAT to be replaced by new body The Federal Government has announced that the Administrative Appeals Tribunal (AAT) will be abolished and replaced with a new federal administrative review body. The purpose of the reform include, among other things, providing additional...

Read More

NSW: Reform to casino tax rates The NSW government has announced that casino tax rates will be increased. The proposed increases are anticipated to commence on 1 July 2023 and include tax rates on what the casinos earn from gaming tables and...

Read More