The Superannuation Legislative Landscape

The Superannuation Legislative Landscape

Print this article: The Government’s Fair and Sustainable Superannuation Reforms have now been in place for over a year and the measures announced in this year’s Federal Budget continue to make changes to the superannuation environment. It is with some challenge...
Tax Fundamentals: CGT Events

Tax Fundamentals: CGT Events

Print this article:   Pop quiz! … How many CGT events are there? Our Tax Fundamentals trainer, Lee-Ann Hayes asks this question often of her groups and enjoys the varying replies she gets back. She has heard everything from five to 200 CGT events. Occasionally,...
The work-related expenses tax gap

The work-related expenses tax gap

Print this article: On 12 July 2018, the ATO published the income tax gap for ‘individuals not in business’, comprising around 9.6 million individuals who are not in business and earn income from salary and wages and investments. The estimated net tax gap for these...
Residential Rental Properties: The New Depreciation Rules

Residential Rental Properties: The New Depreciation Rules

Print this article: On 1 July 2017, changes were made to the tax law in relation to the claiming of depreciation on certain assets used in residential rental properties. Since then, investors in residential rental properties have not been able to claim decline in...
SG Amnesty: Q&A

SG Amnesty: Q&A

Print this article: Background On 24 May 2018, the Government announced a one-off, 12-month Superannuation Guarantee Amnesty (the Amnesty), and introduced legislation into Parliament, which allows non-complying employers to self-correct any unpaid superannuation...