With the FBT lodgement deadline fast approaching, we give you some tips on areas of FBT which may need particular attention, such as motor vehicles, employee contributions, the living-away-from-home allowance, car parking and the employer rebate.
October 31st isn't just Halloween! To avoid a tax nightmare at the end of the month, get your 2017 paper work to us as soon as possible so that we can file your tax return for you on time. When considering your work-related claims, keep in mind that the ATO is coming down hard on excessive or false claims under their ‘don’t dodge when you lodge’ campaign. Taxpayer pitfalls in the Digital Age The ATO is coming down hard on excessive or false claims under their “don’t dodge when you lodge” campaign. Aided by sophisticated analytical technology, the ATO can…
Martin CoOctober 30, 2017
The 15% tax rate is capped – it can only be applied to concessional contributions of $25,000 per person per year. $25,000 is 9.5% of $263,000. Most people earn much less than this, which means their super contributions are well below their personal limit of $25,000 per year.
Martin CoSeptember 12, 2017