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 short newsletter is available exclusively for clients and Facebook fans to download. Please log in for download links.
May, 2012
In this issue:
Private health insurance and Medicare levy surcharge changes
Super contribution made by EFT on 30 June results in more tax
Taxpayer’s early access to super costs dearly
Cents per km rates for 2011/12
FBT: Benchmark interest rate
FBT: Cents per km basis
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April, 2012
In this issue:
2011/12 FBT return time
SMSF trustee information packs
New personal tax rates 2012/13
ATO warns of 25,000 reports of scams last year
Coffee shops now an ATO target
Super contribution not in on time costs a taxpayer dearly
Building industry data matching – trade accounts
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March, 2012
In this issue:
Small business benchmarks for 2012
Government to give Tax Office the power to withhold refunds
Building deductions
Related parties and SMSFs
Retail premiums paid to shareholders
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February, 2012
In this issue:
New reforms announced
ATO crackdown on PSI and ABNs
Tax incentive to encourage immunisation
SMSF compliance focus for trustees
ATO data matching programs
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December, 2011
In this issue:
ATO warns us again about scams
GST case on promotional discounts
Are allowances what they say?
Default assessments – non-lodgers
Employer super guarantee contributions to lift to 12%
New Tax Office GST property tool
Education tax refund data matching
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November, 2011
In this issue:
Christmas Gifts
Small Business Benchmarks
Record-Keeping for Business
ATO’s New Property Web Page
Pacific Seasonal Workers’ Tax Rate Reduced
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October, 2011
In this issue:
Spring Carnival, Year-end and Other Staff Parties
Cash Economy and the ATO’s Benchmarks
ATO and GST Compliance
SMSFs and Money Lending
FBT Treatment of Signage on Car
GIC & SIC Rates for December Quarter
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September, 2011
In this issue:
ATO Clamps Down on GST Fraud and Cash Income
Meaning of ‘Cost Price’ of a Car for FBT Purposes
ATO Data Matching: Flood and cyclone reconstruction levy
Is an Investment Made by a Trustee Always on Capital Account?
Government Committed to Superannuation Reforms
ATO Warning About Illegally Accessing Super Early
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August, 2011
In this issue:
ATO Focus on SMSFs
Warning: Investing in Overseas Property
New This Year to Family Tax
Superannuation: Common Mistakes Made by Employers
Car Depreciation Limit for 2011/12
Reasonable Overtime Meal Allowance Amounts 2011/12
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July, 2011
In this issue:
Occupations in the spotlight for the 2011 income year
Tax laws amended to allow income ‘streaming’ by trusts
Flood levy exemption declaration
Deductions for study and job seeking expenses
ATO warning: Unpaid directors fees
ATO focus on unpaid present entitlements owed to companies
Deductions for TPD insurance
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June, 2011
In this issue:
Budget 2011
ATO Focus on Employer Super Obligations
Compliance Project: Government Stimulus Payments
FBT Car Parking Threshold
CGT Improvement Threshold
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Archived Issues
| Issue | Client Download Link | Fan Download Link |
| May 2011 | [Content protected for Client access only] | [Content protected for Facebook Fan access only] |
| April 2011 | [Content protected for Client access only] | [Content protected for Facebook Fan access only] |
| March 2011 | [Content protected for Client access only] | [Content protected for Facebook Fan access only] |
| February 2011 | [Content protected for Client access only] | [Content protected for Facebook Fan access only] |
| December 2010 | [Content protected for Client access only] | [Content protected for Facebook Fan access only] |
| November 2010 | [Content protected for Client access only] | [Content protected for Facebook Fan access only] |
| October 2010 | [Content protected for Client access only] | [Content protected for Facebook Fan access only] |
| September 2010 | [Content protected for Client access only] | [Content protected for Facebook Fan access only] |
| August 2010 | [Content protected for Client access only] | [Content protected for Facebook Fan access only] |
| July 2010 | [Content protected for Client access only] | [Content protected for Facebook Fan access only] |
| June 2010 | - | - |
| May 2010 | [Content protected for Client access only] | [Content protected for Facebook Fan access only] |
| April 2010 | [Content protected for Client access only] | [Content protected for Facebook Fan 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.