Practice Update August 2021

Practice Update August 2021

Practice Update August 2021 covers following points:

  • Reminder of superannuation caps indexation for 2022
  • Division 7A benchmark interest rate for 2022 remains unchanged
  • Changes to STP reporting from 1 July 2021
  • Maximum contributions base for super guarantee
  • The ‘gigs up’ with a new sharing economy reporting regime
  • Taxable Payments Annual Reports (‘TPARs’) due 28 August
  • New FBT retraining and reskilling exemption available

Click here for Practice Update August 2021

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