Tax
CategorySingle Touch Payroll on the way
From 1 July 2017, ‘Single Touch Payroll’ will be available for a small number of employers to help streamline tax and superannuation affai..
New measure to combat franked distributions funded by capital raisings
The Government has announced a new measure in the 2016-17 Mid-Year Economic and Fiscal Outlook to prevent the distribution of franking cre..
Lump sum payments received by healthcare practitioners
The ATO has provided further guidance for healthcare practitioners dealing with lump sum payments from healthcare centre operators.
The Ta..
ATO to report unpaid debts to credit agencies
The Mid-Year Economic and Fiscal Outlook 2016-17 (MYEFO) announced that from 1 July 2017, the ATO will disclose tax debt information of bu..
Preparing for the FBT year-end
With the fringe benefits tax (FBT) year ending 31 March 2017, now is the time for business owners to get their FBT affairs sorted.
When ca..