by Maja Garaca Djurdjevic | Jan 16, 2020 | News
The government announced in the 2019-20 budget that it would expand the data collected through single touch payroll (STP) by the ATO, to reduce the compliance burden for employers and individuals reporting information to multiple government agencies. This includes...
by Maja Garaca Djurdjevic | Jan 15, 2020 | News
Speaking at the launch of the latest World Economic Forum’s Global Risks Report, John Drzik, chairman of Marsh & McLennan Insights, said, “High profile events, like recent wildfires in Australia and California, are adding pressure on companies to take action on...
by Maja Garaca Djurdjevic | Jan 15, 2020 | News
The Victorian government has announced that businesses, families, and individuals whose properties have been destroyed or substantially damaged by bushfires will receive ex-gratia relief for their 2020 land tax assessment. Land tax will be also be waived on eligible...
by Maja Garaca Djurdjevic | Jan 15, 2020 | News
The ATO has said it has made a number of improvements to make it easier for tax professionals to view their clients’ account in online services for agents. The changes, detailed in a statement, include the grouping of activity statements and franking deficit tax...
by Shared by the ifa | Jan 15, 2020 | News
In its submission for the 2019 federal budget, the association said the current concessional cap of $25,000 for all members was “restrictive” and limited individuals’ ability to save an adequate amount of super to be self-sufficient in retirement. Read more at the...