The changes announced in the May 2016 Federal Budget relating to superannuation reform have since been debated and amended. On Wednesday, 23 November 2016, the Treasury Laws Amendment (Fair and Sustainable Superannuation) Bill 2016 was passed by the Senate, leaving only the formality of Royal Assent before becoming law....Read More
The Turnbull led Government delivered its first budget with a number of new initiatives and changes to the current tax policy. The focus is on helping businesses grow and job growth. We have summarised a number of key announcements below:Read More
BUSINESS TAXESTo facilitate jobs and growth the Government announced a 10 year plan...
The ATO has turned its focus on one of the best performing industries in the last three years, real estate. To ensure the ATO has collected its fair share of tax on increasing property prices in recent years the ATO has requested 32 years’ worth of real estate transaction data be provided...Read More