Company tax changes
Changes to company tax rates There are changes to the company tax rates. The full company tax rate is 30% and the lower company tax rate is 27.5%. The ATO Read More…
Changes to company tax rates There are changes to the company tax rates. The full company tax rate is 30% and the lower company tax rate is 27.5%. The ATO Read More…
Review your family trust elections to get your tax right A family trust for tax purposes is one whose trustee has made a valid family trust election (FTE). The FTE Read More…
SMSF related party rental income deferrals due to COVID‑19 The ATO has made a determination to ensure that trustees of SMSFs do not inadvertently breach the ‘in-house asset rules’. This Read More…
Shortcut rate for claiming home office expenses extended The ATO has again extended the ability to utilise the ‘shortcut rate’ for claiming home office running expenses to 30 June 2021. Read More…
ATO’s taxable payments reporting system helps businesses compete on the level The Australian Taxation Office (ATO) has confirmed more than 60,000 businesses haven’t yet complied with lodgement requirements under the Read More…