16 Dec November Newsletter 2025
We are pleased to supply you with the latest edition of Client Alert, which contains information on a number of important developments up to and including 24 October 2025.
- What’s the difference between the Medicare levy and the Medicare levy surcharge? – Many people getting their tax notice of assessment wonder why they see amounts for the Medicare levy and Medicare levy surcharge.
- Family Tax Benefit and your tax return: common misunderstandings – Despite its name, Family Tax Benefit isn’t a tax refund or tax deduction, but a social security benefit to help with everyday costs like food, education, clothing and other child-rearing expenses.
- Start your year-end payroll, tax and employee leave planning now – Whether you’re gearing up for a rush or planning a shutdown, early planning for the upcoming end-of-year holiday period is key.
- The truth about FBT and your business’s work ute – You may have heard that providing a dual cab ute for employees to use in their work duties is automatically exempt from FBT, but believing this myth could leave you with an unexpected tax bill.
- Next step for payday super: legislation introduced to Parliament – The new laws still need to pass through the House of Representatives and the Senate, but you shouldn’t wait to start planning for payday super.
Please contact us if you wish to discuss how the points raised in Client Alert specifically affect you.
Yours sincerely, the Team at Rittwatchman & Associates
No Comments