News and Insights

The Major Parties’ Superannuation and Tax Policies 18th April 2019

The federal election has been called for May 18 and both major parties have outlined their superannuation and tax policies. With the federal election only weeks away many of our clients have been asking what the major political parties’ policies are that may impact their SMSF, individual taxation circumstances or personal investments. ...

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Super guarantee amnesty not yet law: ATO will apply existing law 17th April 2019

The ATO reminds businesses to be aware that under the current law, if they have missed a superannuation payment or haven’t paid employees’ super on time, they are required to lodge a superannuation guarantee (SG) charge statement....

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Government delivers surplus election friendly 2019-20 Federal Budget – Leaves superannuation largely untouched 8th April 2019

A surplus election budget is the news coming out of the 2019-20 Federal Budget. With superannuation left largely untouched, the Government focused on further personal income tax cuts....

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Federal Budget Review 2019 3rd April 2019

Tonight, was Treasurer Josh Frydenberg’s first budget and he is hoping that the personal tax relief, tax relief for small business, the significant reduction in debt and a surplus for the first time in 12 years will mean that this is not his last federal budget...

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Did you throw a party for your employees to celebrate the festive season? 29th March 2019

If so, you need to consider whether you have any FBT obligations associated with the party. If you also gave your employees a gift, there may be an FBT implication too. It also makes a difference whether the party was held on your business premises or somewhere else. ...

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The digital economy and Australia’s corporate tax system  26th March 2019

The Government is working with other countries, through the G20 and the OECD, to develop sustainable, multilateral responses to address the challenges to our tax system arising from digitalisation. A discussion paper was issued by Treasury for comment by 30 November 2018 to explore options to move towards a fairer and more sustainable tax system for the digitalised economy....

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Instant asset write-off for small businesses extended and increased 11th March 2019

Small businesses will get an extra tax break following the recent announcement by the Government that the instant asset write-off scheme will be extended to 30 June 2020 for assets purchased under $25,000 in value....

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MLT Accounting Partners with Kelly+Partners Chartered Accountants 1st February 2019

In a move designed to strengthen and secure its leadership for the long-term, MLT Accounting has announced a partnership with Kelly+Partners Chartered....

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BWD Accountants Joins Kelly+Partners Chartered Accountants 4th December 2018

Designed to strengthen and secure its leadership for the long-term, BWD Accountants have announced a partnership with Kelly+Partners Chartered Accountants....

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Check now for your share of $17.5b in lost super 17th October 2018

New data released by the Australian Taxation Office (ATO) reveals the total amount of lost and unclaimed super was reduced by over $420 million in 2017-18 but there is still $17.5 billion waiting to be found....

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