Single Touch Payroll – 1 April 2018 Action
April 22, 2018 12:00 am Comments Off on Single Touch Payroll – 1 April 2018 ActionSingle touch payroll will be a compulsory reporting requirement for employers.
Author Archives for wybenga_admin
Property investors on notice after ATO spots false claims
April 19, 2018 12:00 am Comments Off on Property investors on notice after ATO spots false claimsAs usual some ridiculous claims ruin it for genuine investors.
ATO issues update on cryptocurrency compliance traps
April 15, 2018 12:00 am Comments Off on ATO issues update on cryptocurrency compliance trapsThe ATO has provided further details on some of the regulatory considerations with cryptocurrency for SMSFs, including valuations, in specie contributions and ownership of assets.
Australia’s vital statistics
April 11, 2018 12:00 am Comments Off on Australia’s vital statisticsA quick read of this will make you the BBQ or dinner party expert.
Accountants spy elder abuse spike as mortgage stress sets in
April 8, 2018 12:00 am Comments Off on Accountants spy elder abuse spike as mortgage stress sets inHousing affordability is tempting some adult children into elder abuse territory, as they look to their parents' retirement savings to alleviate their mortgage stress.
Tax office releases fresh guidance on SMSFs
April 5, 2018 12:00 am Comments Off on Tax office releases fresh guidance on SMSFsThe ATO has released a new piece of guidance which outlines its concerns and compliance activity with reserves in SMSFs.
Labor’s tax plans could favour the rich, analysis shows
April 2, 2018 12:00 am Comments Off on Labor’s tax plans could favour the rich, analysis showsLabor's plans for excess dividend imputation credits will favour the rich despite claims it is targeting wealthy Australians, according to specialist analysis.
FBT Reminder – Odometer Reading
April 1, 2018 12:00 am Comments Off on FBT Reminder – Odometer ReadingAnybody who has a Fringe Benefits Tax obligation should take an odometer reading of motor vehicles.
‘Substantiation will be a key focus’: ATO drums in tax time 2018 hit list
March 25, 2018 12:00 am Comments Off on ‘Substantiation will be a key focus’: ATO drums in tax time 2018 hit listThe tax office has further detailed what type of work-related expenses will be in focus this tax time and signalled a particular focus on documentation where “red flags” are automatically triggered in its system.
Super changes: $1.6 million transfer balance cap and death benefit pensions
March 22, 2018 12:00 am Comments Off on Super changes: $1.6 million transfer balance cap and death benefit pensionsWhere a taxpayer has amounts remaining in superannuation when they die, their death creates a compulsory cashing requirement for the superannuation provider.
