TAadmin
Medicare levy to increase from 2.0% to 2.5%
An increase to the Medicare levy has been announced in federal parliament on 17 August 2017. The levy for individuals … Read More
Cents per kilometre claims in your tax return
Under the current rules of substantiation, the maximum distance that a taxpayer can claim without receipts for car expenses is … Read More
First home super saver scheme
Individuals who are yet to purchase their first home will be able to withdraw voluntary contributions from the superannuation account … Read More
UPDATE – GST on low-value imported goods
Update The Treasury Laws Amendment (GST Low Value Goods) Bill 2017 has been passed with amendments and now awaits assent. … Read More
Foreign property investors to pay more land tax and stamp duty
Starting with the Victorian Budget on 5 May 2015, the majority of states in Australia have implemented surcharges on foreign … Read More
Commissioner clarifies tax arrangements for working holiday makers
With a number of media reports circulating in relation to the tax treatment for working holiday makers and the tax … Read More
Key super rates and thresholds for 2017-18
The ATO has released the key superannuation rates and thresholds that apply to contributions and benefits, employment termination payments (ETP), … Read More
BCI Finances Pty Ltd (in liq) v Binetter (No 4)
The Federal Court has ruled that two directors of a company (one a de facto director rather than a registered … Read More
Seven Seas luxury liveaboard experience
www.thesevenseas.net I joined Mark, the cruise director, with members of his family and friends on a 12 night cruise east … Read More
CGT main residence exemption removed for foreign and temporary residents
In the 2017/18 Federal Budget, it was announced that foreign and temporary tax residents will no longer have access to … Read More
Winning feeling for HiQA at business awards
HiQA Geotechnical was a major winner at the 2017 Telstra Northern Territory Business Awards coming away with two accolades. … Read More
Victorian vacant residential property tax
The nation’s first vacant property land tax will be levied in Victoria. Originally announced earlier in the year as part … Read More
