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.
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.
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.
This article focuses on the new, limited incentive, which nudges business’ towards energy efficiency. We show you how to maximise the deduction! – Energy Efficiency: Claiming your $20k deduction.
This article focuses on a recent case before the Administrative Appeals Tribunal (AAT) is a reminder about the tax impact of the timing of employment income. – The taxpayer who was paid too late.
This article outlines the tax implications that small-scale developers can face during subdivision of land. – The tax implications of small-scale subdivisions.
This article outlines why the tax refund Australians will expect this tax time has dramatically reduced. – Why is my tax refund so small?
New legislation before Parliament, if enacted, will make zero or low emission vehicles FBT-free. We explore who can access the concession and how. – FBT-free electric cars