Tax Update Monthly News

Our monthly Tax Update newsletter is written in an easy and relaxed style to keep you up-to-date with important tax changes.
This particular newsletter is available exlusively to clients for download. Please log in for download links.
August, 2010
In this issue:
Extension of Small Business Assistance Package
ATO Focus on the Cash Economy
Super Co-Contributions Update
Rental Property Claims – avoiding common mistakes
Paid Parental Leave Bills Become Law
SMSFs Acquiring Employee Shares
Overtime Meal Allowance Amount
First Home Saver Accounts – rates and thresholds
[Content protected for Client access only]
July, 2010
In this issue:
Car Limit for the 2010/11 Year
Changes to Company Loan Rules
Change to Averaging of Primary Production Income
PAYG Payment Summary Reporting Requirements – changes for 2009/10
Private Health Insurance and the Medicare Levy Surcharge
Benchmarks and Dealing with the Cash Economy
[Content protected for Client access only]
May, 2010
In this issue:
Data Matching Vs the Cash Economy
Cents per km Rates for 2009/10
Industry Benchmarks Vs the Cash Economy
FBT: Benchmark Interest Rate
FBT: Cents per Kilometre Basis
ATO Computer Upgrade Clogs Refunds
[Content protected for Client access only]
April, 2010
In this issue:
Tax Office – Not a Good Start to the Year
In-House Advisors Not Caught Up In Tax Agent Regime
Crackdown on Phoenix Activity
Donations to Volunteer Bushfire Brigades
Polital Donations no longer Deductible
Interest Deduction Allowed on Loan for Units in a Hybrid Trust
Bali Peace Park – Donations Deductible
GIC and SIC Rates
[Content protected for Client access only]
This information is for guidance only and is not intended as specific advice to any reader. Professional advice should be obtained before acting on any information contained herein. The publisher accepts no responsibility for loss occasioned to any person or organisation as a result of action or the refrain of action as a consequence of the contents of this publication.