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February – 2017 Practice Update

February – 2017 Practice Update covers following points
  • Changes to the ‘backpacker tax’
  • ATO data matching programs
  • Ride Sourcing data matching program
  • Credit and debit card and online selling data matching program
  • Can a UPE be written off and claimed as a bad debt?
  • Deductibility of expenditure on a commercial website
  • Easier GST reporting for new small businesses
Click here for – February – 2017 Practice Update...

Major Changes to Super, Make the Most of it

According to accredited and authoritative sources, it has come to our understanding that tax and superannuation guidelines are going to undergo major changes. These changes are said to be the largest of its kind in the last decade. It is advisable to contact your accountant or visit the official government websites for more details. This can enable you to start planning early to minimise any rude surprises later on. We have compiled a small list of highlighted changes. The changes are conditioned and will be held in effect from 1st July 2017. A few steps for you to think about:
  • It is not always the best situation around us to allow extra money to flow into the superannuation. However, it pays off to be aware of the possibilities of how the superannuation can be maximised while reducing...
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