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.
The end of the financial year is fast approaching. For SMSF members and trustees, a few timely chec ... read more
The Government has announced a staged wind-back of the current Fringe Benefits Tax (FBT) exemption ... read more
The Reserve Bank of Australia (RBA) has confirmed that all surcharges on credit and debit card paym ... read more
