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Lodgment rates and thresholds online guide now available FREE

Your complete practice companion, containing every tax rate and threshold in Australia’s tax system for 2017-18, is now available. Lodgment rates and thresholds online guide For quick access to this guide please add this page to your browser’s bookmarks. The Lodgment rate and thresholds guide includes all of the following details, all in one convenient

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Cashless society? It’s about as real as the paperless office

The Reserve Bank probably only enters most taxpayer’s minds every now and then with its regular announcements on official interest rates. But another item of interest can be found in its latest annual report, especially the section on banknotes. The last RBA annual report (for 2016) showed that to the end of June 2016, the

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ATO due dates – June 2017

Date Obligation 5 June Lodge tax return, including companies and super funds where the tax return is not required earlier and both of the following criteria are met: o   non-taxable or a credit assessment as at latest year lodged o   non–taxable or receiving a credit assessment in the current year. This is for all entities

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New ATO rulings, determinations, decisions and guides – June 2017

The following key Taxation Rulings, Taxation Determinations, Interpretative Decisions and Law Companion Guides have recently been released: TD 2017/11 Taxation Determination TD 2017/11 clarifies that interest income derived from a bank account is assessable to the taxpayer or taxpayers who beneficially own the money in that account. TD 2017/13 Taxation Determination TD 2017/13 clarifies that

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Upcoming ATO webinars in June

Topic Description Date and Time (Time in AEDT)           CPD Hours Getting started for new NFP administrators Explore what’s involved in setting up a not-for-profit (NFP) organisation. The webinar will be particularly helpful for new NFP administrators and will focus on tax registration and concessions for NFPs, common legal structures and endorsement requirements. Wednesday 7 June

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