The 2019 Federal Election has been called for 18 May 2019, with tax and superannuation policies attracting significant attention. We have prepared the following summary of tax and superannuation policies for the current Government - the Liberal-National Coalition, and the Australian Labor Party. The information has been collated from public [...]
Late last year, the Government released a number of Tax and Superannuation measures in its Mid-year Economic and Fiscal Outlook (MYEFO). Tax Measures Cash payment limit — the 1 July 2019 start date for the proposed 2018 Budget measure to introduce an economy-wide cash payment limit of $10,000 will be [...]
We are hearing a lot about (yet more) proposed changes to superannuation. This time the income tax paid by companies which is passed on through dividends to shareholders (including EVERY superannuation fund in Australia) is under fire. So here is the simple truth. Every cent in franking credit refunds for [...]
If you have been using the ATO Small Business Super Clearing House (SBSCH) as your SuperStream service please be aware that the way you access this service is changing. The current system will no longer be available from close of business on 19 February 2018. The Small Business Super Clearing [...]
