The tax office announced today that they will be referring people who have overdue tax returns or BAS’s to Debt Collection Agencies, not to collect debts apparently but to chase them up to get their returns lodged. We haven’t seen the fine print on how this will work...
Here is a recent press release from MP Bill Shorten explaining how increasing taxes on super is a good thing for you [with additional commentary by Boston]: “The Government will better target the tax exemption for earnings on superannuation assets supporting income...
This semi de-peg from the US Dollar will allow China and Australia to trade directly and is very welcome news for Australia. A definite step in the right direction. View the original article here…...
From 1 July 2012, businesses in the building and construction industry are required to report the total amount they have paid to each contractor who provided them with building and construction services during year. Businesses need to report the contractor’s...
The ATO are advising that from 1 July 2013 it will no longer be issuing refund cheques to people. Instead it will only be refunding money via EFT bank transfer. Now that’s what I call good corporate social responsibility.
