The ATO has now updated the tax withholding schedules They reflect the 2020/21 income year personal tax cuts. Updated schedules are available at ato.gov.au/taxtables. The ATO has said that employers Read More…
The Government announced various tax measures in the 2020 Budget It was able to secure passage of legislation containing some of the important measures very shortly afterwards, as summarised below. Read More…
Immediate tax relief passed The Government has announced that more than 10 million Australians will receive immediate tax relief following the passage of legislation through the Parliament, which increases the Read More…
Is a family trust a good solution for you? Family trusts can help you protect your assets, manage your family’s tax more efficiently and enable you to provide an income stream Read More…
External collection agencies to enforce ATO lodgment obligations The ATO has finalised a trial relating to sending overdue taxpayer lodgment obligations to external collection agencies. As a result, it may Read More…