We are pleased to supply you with the February 2019 edition of Client Alert, which contains information on a number of important taxation developments up to and including 18 January 2019: Tax clinic trial to reduce tax regulatory burden – The Federal Government has allocated $1...
We are pleased to supply you with the December 2018/January 2019 edition of Client Alert, which contains information on a number of important taxation developments up to and including 23 November 2018: Work-related deductions down for 2018 - The ATO has reported a decline in the...
We are pleased to supply you with the November 2018 edition of Client Alert, which contains information on a number of important taxation developments up to and including 19 October 2018: Super transfer balance cap - ATO Assistant Commissioner Superannuation Tara McLachlan has given a speech...
Welcome to this month’s October edition of the latest ATO legislative changes and tax updates. Claiming work-related expenses – ATO education campaign to help correctly claim work-related expenses using its guides and toolkits. ATO data analytics and prefilling – a closer look at the methods that help...
We are pleased to supply you with the September 2018 edition of Client Alert, which contains information on several important taxation developments: Super sector must address trust deficit – ASIC Chair James Shipton says the superannuation sector must be more mindful of the responsibilities that come...
We are pleased to supply you with the August 2018 edition of Client Alert, which contains information on several important taxation developments: Government launches new service to simplify business registrations – The new stand-alone service provides a simpler and clearer way to register a business. Illegal early...
As the EOFY is fast approaching, the team at Rittwatchman & Associates wanted to provide some assistance and guidance to help you streamline your tax compliance and obligations. Below are some fundamental checklists that you can use to ensure that you and your business is...
Summary of the May Budget Announcements Personal Taxation Seven-year reform for personal income tax rates to start from 2018-19 and ATO has decided not to process with Medicare levy tax rise. Business Taxation The ATO has extended the $20,000 instant asset write-off for SBE’s by 12 months;...
The Australian Government has introduced some positive improvements for Primary Producers in the recent budget announcements: Improving the Farm Management Deposit Scheme From the 1st July 2014, the ATO are raising the non-primary production income threshold from $65,000 to $100,000. The new tax laws have changed to allow...
The ATO has issued a statement in response to a decision of the Administrative Appeals Tribunal (AAT) which ruled that a taxpayer that owns and manages a number of retirement villages was entitled to a deduction for payments it was contractually required to make to...
