Individual News – April 2016

As the current FBT year ends on 31 March 2016 and a new one begins on 1 April 2016, there are a number of upcoming changes to salary packaged meal and other entertainment benefits that [...]

By | May 12th, 2016|Categories: Individual Bulletin|0 Comments

The 2016-17 Federal Budget

The 2016-17 Federal Budget was handed down on 3 May 2016. The intention of this Budget is to set out an economic plan to ensure Australia successfully transitions from the mining boom to a stronger, [...]

By | May 12th, 2016|Categories: Business Bulletin|0 Comments

Business Bulletin – November

On 26 August 2015 the Tax Laws Amendment (Small Business Measures No 3) Act 2015 received Royal Assent. The Act makes amendments in the following areas: tax discount for unincorporated small businesses; immediate deductibility for [...]

By | November 12th, 2015|Categories: Business Bulletin|0 Comments

The end of the financial year is near!

A range of measures for small businesses were included in the 2015-16 Federal Budget. These are listed below: Company tax rate cut - The tax rate for companies with an aggregated annual turnover of less [...]

By | June 1st, 2015|Categories: Business Bulletin|0 Comments

Individual News – April

Income thresholds Legislation was passed in October 2014 to pause for three years the income thresholds which determine the tiers for the Medicare levy surcharge and government rebate on private health insurance from the 2015-16 [...]

By | April 1st, 2015|Categories: Individual Bulletin|0 Comments

Individual News – September

It is that time of year again – it’s time to do your 2014 Income Tax Return. The financial year ended on 30 June 2014 so all individuals who earn income must now start to [...]

By | September 1st, 2014|Categories: Individual Bulletin|0 Comments