Single Touch Payroll (‘STP’) commenced on 1 July 2018 for approximately 73,000 employers who have 20 or more employees. There is currently legislation before Parliament to expand STP to all employers from 1 July 2019 and it is estimated that … Read More
Employees who relocate for work purposes are not entitled to a tax deduction for the relocation costs and airfares they incur (as those expenses are deemed private). In contrast, an employer is entitled to a tax deduction for paying or … Read More
Legislation has been passed by Parliament to implement the Private Health Insurance (‘PHI’) reforms announced by the Government in October 2017. The measures are designed to simplify PHI and make it more affordable for consumers by improving the value of … Read More
In this Issue: What the super housing measures mean for SMSFs ATO scrutinising car claims this tax time FREE Tax Blaster Session Memorable Quotes… 2018 Budget Update Individual Tax Return Checklist 2018 Laughter is the best medicine… ATO relief for … Read More
In this Issue: New superannuation rates and thresholds released Commissioner’s speech highlights ATO’s focus areas Super guarantee payable on ‘public holidays’ and ‘additional hours’! Memorable Quotes… FREE Tax Blaster Session Get ready for Single Touch Payroll Heard this one before? … Read More