Newsletter: March 2015
Small business tax review finds first steps for improvement The results of a review into tax impediments affecting the success … Read More
Newsletter: February 2015
Borrowing by superannuation funds under scrutiny Late last year, the Murray Financial System Inquiry called on the Government to restore … Read More
Personal Property Securities Act (PPSA)
The Personal Property Securities Act (PPSA) commenced 2 years ago, but many businesses are still not sure about how to … Read More
Newsletter: December 2014
Project DO IT nearing end, taxman focus on non-disclosure The ATO has responded to fears expressed by some taxpayers that … Read More
Privacy Legislation (2013) and individual credit rating
Australia’s privacy legislation rewrite in 2013 will allow credit providers to view a lot more information about individual credit behaviour. … Read More
Newsletter: November 2014
Offshore income tax “amnesty” nearing its end The deadline to take advantage of the ATO’s initiative to allow eligible taxpayers … Read More
ATO urges trustees to be SuperStream-ready
The ATO reminded SMSF trustees that from 1 July this year, employers with 20 or more employees will start using … Read More
SMF retirement adequacy
A research paper from Accurium, formerly Bendzulla Actuarial, analysing data from 60,000 SMSFs in Australia indicates most SMSF members “stand … Read More
Newsletter: October 2014
Mining tax gone but watch for associated tax changes The mining tax has been repealed. However, in order to pass … Read More
Marriage or relationship breakdown – dividends and deemed dividends
This fact sheet, available on the ATO website, discusses when an amount is taxed as a dividend or a deemed … Read More
Newsletter: September 2014
Share transfer to family partnership ineffective A husband and wife have been unsuccessful before the Administrative Appeals Tribunal (AAT) in … Read More
DISCLAIMER
Thompsons Australia Newsletters and articles are distributed by professional tax practitioners to provide information of general interest to our clients. The content of this newsletter does not constitute specific advice. Readers are encouraged to consult their tax adviser for advice on specific matters.