23 Apr 2012
WITH the end of the financial year already hanging over our heads, SuperLiving checked in with RSM Bird Cameron superannuation specialist Brad Eppingstall on what June 30 means if you are running your own super fund.
29 Mar 2012
THE business community is furious at the possibility company tax cuts may not be passed at all, after the Greens said it would block any attempt by the federal government to merge both the small and big business cuts into a single piece of legislation.
The Greens have continued to oppose the reduction in the company tax rate from 30% to 29%, saying they are prepared to...
28 Feb 2012
ACCOUNTANTS and finance experts have expressed concerns that a piece of draft legislation which gives the Australian Tax Office power to withhold tax returns from small businesses is much too powerful.
18 Oct 2011
THE 2011 financial year has just passed but it is never too early to start planning for next year and the best way is to stay updated on Australia’s ever-evolving tax system.
05 Aug 2011
THE Australian Taxation Office has issued a ruling on the “development, lease and disposal of a retirement village tenanted under a ‘loan-lease’ arrangement” which is expected to increase the goods and services tax cost of some retirement village developments.
02 Aug 2011
ON July 10 the federal government released its complete carbon price package, most of which was negotiated between Labour, the Greens and key Independents in the multi-party climate change committee.
26 Jul 2011
SPECIAL Disability Trusts (SDT) were established to allow people of Age Pension age to provide for the future care and accommodation of an immediate relative with a severe disability.
15 Jul 2011
OUR resources industry is very much under attack from politicians on a dual-front, in the form of a revised and onerous mining tax, combined with the carbon tax.
21 Jun 2011
IF you have net medical expenses over $2000 in the 20010-11 financial year then you can claim a 20% tax offset on the amount you paid. The $2000 threshold is a $500 increase from the previous financial year’s requirement of $1500 but there is no upper limit to the amount you can claim.
06 May 2011
I recently retired on December 9, 2010. What tax will I pay on my income received from investments I have in my personal name and not in my super fund?
