Bonsella March Newsletter

March 26

Our latest eNewsletter includes information on the following topics:

  • Investment properties: tax return errors that trigger ATO follow-up – Each year the ATO uses third-party data and targeted reviews to identify common mistakes made by landlords.
  • Is your business misreporting FBT on work vehicles? – If your business provides work vehicles to your employees, the ATO wants to ensure you’re meeting your fringe benefits tax obligations.
  • Time’s running out for small business super clearing house users – The SBSCH closure is part of the government’s payday super reforms, which aim to modernise how employers pay superannuation.
  • Superannuation changes proposed for high balances and low-income earners – The government has introduced a Bill proposing changes to the super system that could reshape retirement savings for millions of Australians.
  • Choosing the right trustee structure for your SMSF – When setting up your self managed super fund, one of the most important decisions you’ll make is choosing your trustee structure.