NEWS

20 February, 2020

New Measures To Combat Illegal Phoenixing

[column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] Many of you have heard of illegal phoenixing but are not sure of what exactly it encompasses. While there is no legislative definition […]
18 February, 2020

Changes To Student Loans

[column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] With the average annual cost of an undergraduate degree for Australian students hovering around the $10,000 mark, a 3-year degree could easily cost […]
12 February, 2020

Super Guarantee Loophole Closed

[column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] The concept of super guarantee should be a very familiar to everyone, particularly anyone who is an employee, as it makes up the […]
9 February, 2020

Foreign Residents And The Main Residence Exemption

[column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] Foreign residents beware, laws have been passed to restrict your access to claim the CGT main residence exemption on the sale of your […]
5 February, 2020

ATO Scrutiny On Car Parking Fringe Benefits

[column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] The ATO has started contacting certain employers that provide car parking fringe benefits to their employees to ensure that all FBT obligations are […]
2 February, 2020

More Help For First Home Buyers

[column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] With the advent of the new year, a new measure is now in effect to give first home buyers a leg up on […]
30 January, 2020

Remission Of Additional Super Guarantee Charge Penalty

[column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] With the transition to Single Touch Payroll almost complete for all employers within Australia, the ATO now has considerably more information to identify […]
23 January, 2020

ATO Backs Down From Controversial Time Limit Ruling

[column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] The ATO has recently withdrawn Draft Miscellaneous Taxation Ruling MT 2018/D1 on the time limit for claiming input tax credits and fuel tax […]
20 January, 2020

Support For Bushfire Victims

[column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] As the bushfires that devastated large swathes of the country continue on their destructive path leaving shatter communities in their wake, there are […]
6 January, 2020

Expansion Of Tax Avoidance Taskforce

[column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] The Tax Avoidance Taskforce has recently been expanded by the ATO to private groups and high wealth individuals. Originally conceived in 2016 to […]