The 2013 Federal Budget contained few surprises as many of the measures had already been announced, however most Australian households have been impacted in some way.
Baby bonus to be replaced with new Family Tax Benefit payment
Date of effect: 1 March 2014
The Baby Bonus, which currently pays $5,000 to eligible parents for each new born or n...
Read More
End of Financial Year is upon us once again! It's time to make sure your tax affairs are in order and any important decisions are made and acted upon.
We've prepared this tax planning checklist that will have you breathing easy about this hectic time of year.
Business Owners
1. Superannuation Guarantee Contributions
As an employer you ar...
Read More
Time is running out! Take action to reduce your tax
With the end of the financial year just around the corner, now is a good time to start organising and preparing your financial affairs.
We all know how stressful this time of the year can be, so to make your life that little bit easier, we’ve come up with a quick check-list to ensure that y...
Read More
Last week’s announcement by the Rudd Government of their intention to streamline eligibility criteria for the Fringe Benefits Tax (FBT) on salary sacrificed employee cars, which avails the Government of approximately $1.8b, was met with a tidal wave of conflicting opinion from Australian business.
Those who shouted the loudest – in particular, ...
Read More
With the repeal of carbon tax legislation, the content on this page no longer applies.
As the carbon pricing mechanism comes into effect on 1st July 2012 we take a look at the implications for businesses and households.
Officially there is no Carbon Tax; rather the government will levy major polluters at the rate of $23 per tonne of actual ca...
Read More
