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

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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.