Category Archive for: ‘6.2 – Updates’

Need to improve your position for the end of the financial year? Read the attached update to see how you can reduce your tax exposure, maximise opportunities and reduce your risk of an audit by regulators. Click here to view our update on Tax Changes and EOFY Actions:

With the end of the financial year fast approaching, it’s in your best interests to reduce tax exposure, maximise opportunities and reduce your risk of an audit by regulators. There are a number of tax changes that apply to companies from 1 July 2017 so please read our update for a brief explanation on how these changes may impact you and your …

Need more tax deductions? The $20,000 immediate asset write off threshold for small businesses is in its final months with the cut-off date on 30 June 2017.  Any business equipment should be bought before this date to be eligible for the immediate write off. From 1 July 2016, the small business entity turnover threshold increased to $10 million. Certain assets are …

Our Monthly Client Alerts feature the latest in Tax News, Views and Clues.   Click here to download the March 2017 Issue:

  Our Monthly Client Alerts feature the latest in Tax News, Views and Clues.   Click here to download the February 2017 Issue:

The land tax surcharge was introduced by the Government with effect from the 2016 land tax year at the rate of 1.5% from 1 January 2017, and it is applied to all forms of property in Victoria that are subject to land tax. The surcharge is based on the site value of the land and will be included on the …

  Our Monthly Client Alerts feature the latest in Tax News, Views and Clues.   Click here to download the December 2016 / January 2017 Issue:

  Our Monthly Client Alerts feature the latest in Tax News, Views and Clues.   Click here to download the November 2016 Issue:

In June this year, The Australian Taxation Office announced that the deadline for small businesses to get SuperStream compliant has been extended to October 28, 2016. With the original deadline set at 30 June, over 450,000 businesses have already ensured that they are compliant with SuperStream, standardising employer superannuation contributions on behalf of their employees. The extension is available to …

On 15th September 2016 it was announced that the $500,000 lifetime cap on non concessional contributions proposed in the 2016 budget will be scrapped. The replacement policy introduces an annual cap of $100k which will take effect from 1st July 2017. If you are aged under 65 years then you will also be able to bring forward three years worth …