Our latest eNewsletter includes information on the following topics:
Cap on work related self education deductions: The Government has proposed a $2,000 cap on tax deduction claims for work-related self-education expenses.
ATO data matching programs: The ATO has recently announced new data-matching programs targeting employers, student and temporary work visa holders, and online sellers.
ASIC warns of property spruikers focusing on SMSFs: ASIC has issued an alert on property spruikers who encourage people to set up a self managed superannuation fund to gear into real property.
Major Superannuation reforms announced: The Government has recently made a number of important announcements affecting superannuation.
“Holiday home” included in tax concession test: The Administrative Appeals Tribunal (AAT) has refused a corporate taxpayer’s claim for the small business CGT concessions.
Small Business benchmarks catch out florist: The AAT has affirmed tax assessments issued to a florist that were based on the ATO’s small business performance benchmarks.
FBT rates and thresholds: The ATO has announced important FBT rates and thresholds for the 2013–2014 FBT year, which commenced on 1 April 2013.
GST tax invoice information requirements: The ATO has released a Ruling setting out the minimum information requirements for a tax invoice under the GST law.
Bonsella News: Updates from the Bonsella Team.
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