Monthly Archives: January 2014

Division 293 – Additional tax for high income earners.

The ATO has announced that it will begin issuing notice of assessments for Division 293 tax for the 2012-13 year in early February 2014. The due date for payment of this tax will generally be 21 days after the issue date of the notice of assessment.What is Division 293 tax?The Division 293 tax was announced...
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Summary of tax changes

Happy new year to all!I thought it would be useful to summarise some of the announced changes and non changes to the Governments tax policy. After all, we had a change of government last year, along with having three Prime Ministers in the same calendar year which was unprecedented in Australian politics.Announcements that are NOT...
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