Bonsella April Newsletter
April 26
Our latest eNewsletter includes information on the following topics:
- AI may be handy for simple money questions, but it’s no substitute for professional advice – If you act on incorrect information, the consequences can be serious.
- It’s logbook check-in time – While logbooks for work-related use of your car can remain valid for five years, certain life changes mean you’ll need a new one.
- Will increased deeming rates affect your Seniors Health Card? – Higher deeming rates can increase your assessed income even when your financial position hasn’t changed.
- STP penalties are under the ATO’s microscope – The ATO is giving clearer guidance on how penalties apply when payroll reporting is late, incomplete, incorrect or in the wrong format.
- Major super tax changes now law – Parliament has delivered significant changes that will reshape how high-balance superannuation accounts are taxed, and boost support for low-income earners.