by Shared by Accountants Daily | Nov 6, 2019 | News
In a recent blog post, the SMSF service provider’s executive manager of SMSF technical and private wealth, Graeme Colley, said the laws, which passed parliament in October, would likely see SMSFs that had purchased land for development purposes denied deductions on...
by Maja Garaca Djurdjevic | Nov 5, 2019 | News
The 12 recommendations made to government by the Independent Review of the Compensation for Detriment Caused by Defective Administration (CDDA Scheme) fail to address the ATO’s technology outages. Instead the review characterises IT outages and system failures as the...
by Maja Garaca Djurdjevic | Nov 5, 2019 | News
The Morrison government has released for consultation exposure draft legislation that will allow it to invest in an Australian Business Growth Fund (BGF) to ensure that small and medium-sized businesses (SMEs) have access to the finance they need. “With better access...
by Shared by the ABC | Nov 5, 2019 | News
The decision to pause after the October cut was largely expected given a marginal improvement in unemployment and a modest uptick in inflation. Read more at the ABC.
by Shared by Accountants Daily | Nov 5, 2019 | News
From 1 November 2019, fuel tax credits for fuel used to power passenger airconditioning units must be claimed at the rate for “heavy vehicles for travelling on public roads”. This rate is reduced by the road user charge (RUC). Read more at the Accountants...
