June 2018 – Practice Update

2018 Budget Update   The Government handed down the 2018/19 Federal Budget on Tuesday 8th May 2018.  Some of the important proposals include: The introduction of the ‘Low and Middle Income Tax Offset’, a temporary non-refundable tax offset of up to $530 p.a. to Australian resident low and middle income taxpayers for the 2019 to...

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Get organised for EOFY

Tax time is fast approaching, but the good news is you still have time to get organised, reduce your tax burden, and make sure you’ve met your compliance obligations. Instead of just a time-consuming mountain of scary paperwork, EOFY is a great chance to set you up for next year’s success. While it might be...

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May 2018 – Practice Update

GST withholding measures now law Legislation has been passed to “clamp down” on GST evasion in the property development sector. From 1 July 2018, purchasers of new residential premises and new residential subdivisions will generally be required to withhold the GST on the purchase price at settlement and pay it directly to the ATO. Property...

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