by Shared by AccountantsDaily | Mar 13, 2018 | News
For the 2018 FBT year, from 1 April 2017 to 31 March 2018, employers must pay FBT at a rate of 47 per cent on the grossed-up taxable value of fringe benefits, down from 49 per cent in 2016 and 2017 to account for the temporary budget repair levy.Read the full article...
by Shared by AccountantsDaily | Mar 9, 2018 | News
Speaking at the Institute of Certified Bookkeepers National Conference in Sydney, executive director Matthew Addison said the ATO’s release of its operational framework for digital service providers (DSPs) reflected its urgency in managing emerging threats associated...
by Shared by AccountantsDaily | Mar 8, 2018 | News
The tax office has found that scammers are now leaving taxpayers voicemail messages, with threats to penalise and punish based for tax debts. They also accuse the recipients of suspected tax evasion. Read the full article on Accountants Daily.
by Shared by AccountantsDaily | Mar 6, 2018 | News
Last month, the government introduced legislation to implement the purchaser GST withholding regime for new residential premises.Read the full article on Accountants Daily.
by Shared by AccountantsDaily | Mar 1, 2018 | News
The Treasury Laws Amendment (Reducing Pressure on Housing Affordability Measures No. 2) Bill 2018 was put forward on 8 February 2018, aiming to remove the entitlement to the CGT main residence exemption for foreign residents from 9 May 2017 — the date of the federal...