Kelly+Partners Taxwise: Private Businesses News - November Edition

In the November 2017 edition of Taxwise Private Businesses News, we look at the latest topics and insights affecting Private Businesses, including:

  • New rules for accessing the 27.5% corporate tax rate from 1 July 2017
  • When does a company carry on a business? ATO releases guidance
  • Small business tax concessions at a glance
  • Deductions for small business
  • Safe harbour reforms for company directors
  • Tax consequences of trust splitting
  • Government cracks down on illegal phoenixing
  • Streamlined reporting with Single Touch Payroll
  • Lump sum payments for healthcare practitioners
  • Superannuation guarantee – new measures announced
  • Understanding the sharing economy and tax Industry assistance payments to taxi licence holders
  • FBT: Uber case: definition of ‘taxi’ – ATO Technical Discussion Paper
  • GST determination – Simplified accounting methods (SAM)
  • Reduction of wine equalisation tax (WET) rebate cap
  • Other legislation that may impact on you or your business

Click here to download TaxWise Private Private Businesses