Workers are owed over $3.6 billion in superannuation guarantee according to the latest Australian Taxation Office estimates – a figure the Government and the regulators are looking to dramatically change. – Workers owed $3.6bn in super guarantee.
This article examines a real-life case to reveal how caregivers juggle financial pressures and emotional challenges. It stresses the importance of caregivers looking after their own well-being, offering practical advice on accessing vital financial assistance. – The challenges of being a carer.
A recent case before the AAT demonstrates how fine the dividing line is between GST-free and taxable foods. – When is food GST-free?
Treasury has released draft legislation to enact the Government’s plan to increase the tax rate on earnings on superannuation balances above $3m from 15% to 30% from 1 July 2025. – 30% tax on super earnings above $3m.
The Australian Taxation Office have released a new draft ruling on self-education expenses. We revisit the deductibility of self-education expenses and what you can and can’t claim. – Self-education: What can you claim?
This article focuses on a recent statement by the Victorian Government regarding Australia’s first short-stay property tax that targets property investors with short-term rentals. – Short-term rentals and the ‘Airbnb’ tax.