Company Losses “Similar Business Test” Bill Passes

Legislation originally introduced in March 2017 to supplement the "same business test" with a more relaxed "similar business…

Extra 44,000 Taxpayers Face Div 293 Superannuation Tax

An extra 44,000 taxpayers have been hit with the additional 15% Division 293 tax for the first time…

ATO Refers Overdue Lodgements To External Collection Agencies

The ATO has recently started referring taxpayers with overdue lodgement obligations to an external collection agency to obtain…

ATO Warns About New Scams In 2019

The ATO is warning taxpayers to be alert for scammers impersonating the ATO, using a range of new…

Proposed Increase For Small Business Instant Asset Write-Off

Prime Minister Scott Morrison recently announced the government's intention to increase the instant asset write-off already available for…

Super Guarantee Compliance: Time To Take Action

The government's latest initiatives targeting non-compliance with superannuation guarantee (SG) obligations give businesses plenty to think about. With…

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