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 to opt out.
R&D tax incentive rates change: The Federal Government has reduced the R&D tax incentive rates for the first $100 million of eligible expenditure by 1.5 percentage points.
SMSF related-party borrowing arrangements: The ATO has issued a tax determination concerning non-arm’s length income and limited recourse borrowing arrangements.
Travel expense and transport of bulky tools claim denied: An individual has been unsuccessful before the AAT in a matter concerning certain deduction claims for work-related travel expenses.
Bonsella News: Updates from the Bonsella Team.
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