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Company tax revenues to grow by 22 per cent this year

Company tax revenues to grow by 22 per cent this year

by Shared by The Sydney Morning Herald | May 23, 2018 | News

In a challenge to critics of big business tax reform,  PricewaterhouseCoopers partner Paul Abbey said company tax revenues will soar by 22 per cent by the end of this financial year as the government closes down some of the ways large corporations can avoid tax.Read...
Labor may vote for the second phase of the Turnbull government’s income tax cuts

Labor may vote for the second phase of the Turnbull government’s income tax cuts

by Shared by The Sydney Morning Herald | May 22, 2018 | News

Labor finance spokesman Jim Chalmers said the opposition was still discussing whether to support changes in the later years of the $140 billion, three-stage package, as he tried to intensify pressure on the government to split its seven-year plan into separate...
Budget tax cuts promise to make substantial difference for many

Budget tax cuts promise to make substantial difference for many

by Shared by The Sydney Morning Herald | May 18, 2018 | News

There’s the proposal to raise the top threshold of the 32.5 per cent tax bracket from $87,000 to $90,000, which will stave off bracket creep for one or two years.Read the article at the Sydney Morning Herald.
The heads keep rolling in the murky world of super

The heads keep rolling in the murky world of super

by Shared by The Sydney Morning Herald | May 16, 2018 | News

In a perfunctory letter sent on April 27, Bob Lette was told his services on the board running the Infrastructure Fund’s (TIF) $2.4 billion portfolio were no longer required. The news was effective immediately.Read the full article at the Sydney Morning...
Hidden benefits for small business in the 2018 budget

Hidden benefits for small business in the 2018 budget

by Shared by The Sydney Morning Herald | May 15, 2018 | News

In addition to small business owners receiving an income tax benefit from the extension of the deadline for claiming assets costing up to $20,000 from June 30, 2018, until June 30, 2019, and also benefiting from the new low and middle-income tax offset, there was a...
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