October/November Newsletter

Our latest eNewsletter includes information on the following topics: New downsizing cap available: Treasury releases draft legislation to allow those over 65 to make additional non-concessional contributions from the proceeds of selling their home. . Tax cut closed off for passive investment companies: The Government has released exposure draft legislation to deny access to the […]

September Newsletter available for download

Our latest eNewsletter includes information on the following topics: Work-related expense claims under scrutiny: The ATO has warned taxpayers to avoid making incorrect work-related expense claims at tax time this year. Employee travel expense deductions: A new draft ATO ruling covers transport expenses and expenditure incurred when employees travel away from home. Working holidaymakers and […]

End of Financial Year newsletter is available

Our latest eNewsletter includes information on the following topics: Tax assistance for people affected by Cyclone Debbie: The ATO will fast-track refunds and provide a range of other tax-related supports for individual and businesses within affected areas in QLD and NSW. ATO adds value to developing financial literacy: The ATO is helping teachers add tax […]

What does the recent Federal Budget mean to me?

Information on the key announcements made at the May 2017 Federal Budget can be seen in our special “Federal Budget” edition of our newsletter. Click here to view.

March/April Newsletter is here

Our latest eNewsletter includes information on the following topics: Ride-sharing drivers must register for GST: the ATO has advised that Uber drivers must register for GST, regardless of how much they earn from providing ride-sharing services. Tax offset for spouse super contributions: the ATO has reminded taxpayers that from 1 July 2017 the assessable income […]

February/March Newsletter

Our latest eNewsletter includes information on the following topics: ATO priority on settling case: The ATO places a high priority on resolving tax disputes early, including through reaching settlements where appropriate. ATO develops work-related expenses risk profiles: The ATO has developed work-related expenses risk profiles to help it identify how work-related expense deduction amounts compare […]

Christmas Shut Down Period

We would like to take this opportunity to thank you all for your continued support in 2016 and we look forward to working with you again in 2017. The team at Bonsella would like to wish you and your families a very merry and safe Christmas and New Year. Our office will be closed from […]

December Newsletter

Our latest eNewsletter includes information on the following topics: Budget superannuation changes on the way: The Federal Government has been consulting on draft legislation to give effect to most of its 2016–2017 budget superannuation proposals. Primary producer income tax averaging: Primary producers will be able to access income tax averaging 10 income years after choosing […]

October/November eNewsletter

Our latest eNewsletter includes information on the following topics: Personal middle income tax rate cut on the way:The Government is increasing the third personal income tax threshold that applies to personal income taxpayers. Small business tax breaks in the pipeline: A Bill has been introduced which proposes, among other things, to lower the company tax […]

Kidney Kar Rally Sponsorship

For 10 days during August one of the Bonsella team, Grant Vickers, took part in the Kidney Kar Rally. His car (the Kanberra Kidney Bean Kounters – Kar 38) raised $9,500 for Kidney Health Australia. The annual Kidney Kar Rally follows the traditions off the Australian reliability trials from the 1970’s, testing the driver and […]