The 2020-21 personal income tax cuts announced in the Federal are now law. Employers need to ensure that the tax withheld from employee salaries is correct. The ATO has published updated tax tables that apply from 13 October 2020. Employers have until 16 November 2020 to implement the changes.
Running a successful business is hard work—and sometimes, despite best intentions, tax obligation ... read more
The ATO has issued a Draft Taxation Determination TD 2026/D1 which looks at how inherited family ho ... read more
The Better Targeted Superannuation Concessions measure (known as the Division 296 tax) is now law a ... read more
