November 2012
Posted in 2012
In this issue: ATO's Small Business Benchmarks; ATO's new Contractor Payments data matching program; GST can apply to "no-shows"; Super contributions capping rules-Individuals aged 75 and over; Cars on the ATO's 'FBT radar'; Changes to director obligations; Download the PDF newsletter.
October 2012
Posted in 2012
In this issue: Tax Office "ups the ante" on tax file number reporting; Excess contributions case - special circumstances win for taxpayer; When is a business a business?; Scams, scams and more scams; Claim the tax-free threshold with more then one employer!; GIC & SIC rates for December 2012 quarter; Download the PDF newsletter.
September 2012
Posted in 2012
In this issue: Small business audits on the way; Update on the small business benchmarks; Changes that can trigger the new 20% FBT statutory formula rate; New changes affecting SMSF's; ATO tackles 'employee or contractor' question; Beneficiaries of trusts have 4-year amendment periods?; New ATO income tax guide for non-profit organisations; Download the PDF newsletter.
July 2012
Posted in 2012
In this issue: Occupations in the spotlight this tax time, Default assessments for non-lodgers, ASX securities data-matching project, eBay data-matching project, Reporting TFNs quoted to trusts for the first time in 2012, ATO cash sales benchmarks premanently withdrawn, Car parking threshold: 2012/13 FBT year, CGT improvment threshold: 2012/13. Download the PDF newsletter.
August 2012
Posted in 2012
In this issue: ATO Compliance Projram 2012/13, ATO discretion to retain refunds - recent changes, GDP adjustment for 2012/13 PAYG instalment amounts, New building industry taxable payments reporting system, Car depreciation limit for 2012/13, Reasonable Overtime Meal Allowance Amounts - 2012/13. Download the PDF newsletter.
June 2012 Checklist - Business
Posted in 2012
In this issue: Maximising deductions for non-SBE taxpayers, Prepayment strategies - non-SBE, Accelerating expenditure - non-SBE, Accrued expenditure - non-SBE, Maximising deductions for SBE taxpayers, Accelerating expenditure - SBE, Prepayment strategies - SBE, Information required. Download the PDF newsletter.