by Shared by Accountants Daily | Sep 6, 2020 | News
The Tax Office had recently written to a number of cash-flow boost recipients who had made an “unusual or unexpected change” to the amount of salary and wages reported in their business activity statements. Read more at Accountants Daily.
by Maja Garaca Djurdjevic | Sep 4, 2020 | News
Treasurer Josh Frydenberg floated several methods to boost jobs and re-start the economy, including red tape reduction, boosting skills and business tax relief. “We are considering the timing of those tax cuts, and any announcements would be made in the budget,” said...
by Shared by SMSF Adviser | Sep 3, 2020 | News
Industry Super Australia (ISA) has warned that the SG increase must go ahead to avoid “significantly lower” retirement incomes and a spike in the age pension that the organisation believes would be funded by higher taxes. Read more at SMSF Adviser.
by Shared by MyBusiness | Sep 3, 2020 | News
The Payment Times Reporting Bill 2020 passed through the Senate on Thursday and awaits royal assent. The bill passed the House of Representatives on 11 June. Read more at MyBusiness.
by Maja Garaca Djurdjevic | Sep 2, 2020 | News
The TPB has prepared a practice note to provide practical guidance and assistance to registered tax practitioners to understand the TPB’s position in relation to the use and disclosure of TFNs and TFN information in email communications. TFNs and TFN information are...
