What's new

  • Within:
DateTitleDescription
21/02/2017Change to concessional (pre-tax) contributions capFrom 1 July 2017, the government will lower the annual concessional contributions cap to $25,000 for all individuals.
21/02/2017Change to non-concessional (after-tax) contributions capFrom 1 July 2017, the government will reduce the annual non-concessional (after-tax) contribution cap from $180,000 to $100,000 per year.
21/02/2017Change to spouse tax offsetFrom 1 July 2017, the current 18% tax offset of up to $540 will be available for any individual, whether married or de facto, contributing to a recipient spouse whose income is up to $40,000.
21/02/2017Incorrect R&D claims in the ATO's sightsThe Australian Taxation Office (ATO) and Department of Industry, Innovation and Science (DIIS) are continuing their joint efforts to curb the incorrect use of the Research & Development (R&D) Tax Incentive program with the release of a further two taxpayer alerts.
21/02/2017Keep your client list up to dateOccasionally we need to talk to a client's authorised contact, so it's important your client list is up to date on our records.
21/02/2017Lodge your SMSF annual returnInforming SMSF trustees of regulatory obligations relating to the lodgment of SMSF annual returns.
21/02/2017New transfer balance cap for pension phase accountsFrom 1 July 2017, the government will introduce a $1.6 million cap on the total amount that can be transferred into the tax-free retirement phase for account-based pensions.
21/02/2017Super changesThe changes to the superannuation system, announced by the Australian Government in the 2016–17 Budget, have now received royal assent. Your super is your future – check to see if you are directly affected, or what these changes may provide for you to maximise your savings for retirement.
21/02/2017Tax rules to change for temporary working holiday makersThe Government has announced changes to the way that working holiday makers in Australia will be taxed.
20/02/2017Advice under development programWe develop public advice and guidance to assist taxpayers to understand their obligations and be aware of their rights and entitlements.
20/02/2017GST on low value imported goodsThe Government announced that GST will be extended to low value imported goods by consumers in Australia from 1 July 2017.
20/02/2017Guiding you through the super changesAustralia’s super system is changing. Find out what you can do to prepare.
20/02/2017Help for NFP administratorsIf you’re the administrator of a not-for-profit (NFP) organisation, there are a few things you should know about tax and super that we can help explain.
20/02/2017Navigating the New Measures: how the ATO is respondingA speech provided by Deputy Commissioner, Superannuation James O'Halloran.
20/02/2017Non-Profit News Service - BAS due for quarter twoIf your NFP organisation submits its business activity statements (BAS) quarterly, your statement for quarter two (October, November and December) is due on Tuesday 28 February.
20/02/2017Project RefreshProject Refresh is an ATO initiative to modernise the ATO database.
20/02/2017Project Refresh completed issuesThe following pages display a list of rulings updated or withdrawn through Project Refresh.
20/02/2017Project Refresh rewrites - completedThis page will display a list of rulings rewritten through Project Refresh.
20/02/2017Project refresh updates - completedThis page will display a list of rulings updated through Project Refresh.
20/02/2017Project refresh withdrawals - completedThis page will display a list of rulings withdrawn through Project Refresh.
20/02/2017Public advice and guidance - completed issuesThe following pages provide a listing of completed public advice and guidance issues.