This month we look at several practical issues that could affect your tax and superannuation position. The ATO’s expanded passenger movement data-matching program means international travel records could come under greater scrutiny, particularly where tax residency is unclear or circumstances have changed. We then turn to lost superannuation, with more than $21 billion currently sitting […]
This month we look at several important developments and practical compliance issues affecting individuals, businesses, trusts and SMSF trustees. The Government’s proposed 30% minimum tax on discretionary trusts could have significant implications for some family groups, particularly where trusts distribute income to companies, although the rules remain subject to consultation and aren’t final yet. We […]
This month we focus on several significant developments affecting employers, investors, business owners and SMSF trustees. While the Federal Budget was only handed down in May, the Government has already announced some changes to key proposals and we take a look at the latest developments. We highlight the commencement of Payday Super from 1 July […]
This month we unpack some of the most controversial proposals from the Federal Budget, including changes to negative gearing, the CGT discount and trust taxation. We examine key proposals and practical issues that can be considered now, even though some of the final details of the changes aren’t yet available. We then turn to the […]