Category: Tax Compliance & Accounting
Latest Tax Compliance & Accounting news
Tax rate increase for superannuation balances over $3m
The federal government will introduce an additional tax to superannuation earnings on balances of more than $3 million.
Death and taxes: What happens when I die?
Even though a death in the family is a difficult time, there are some important things you should know about inheritance, death, and taxes.
BAS: What is a business activity statement?
Here’s everything you need to know about how BAS works and how you can make this tax requirement easier and stress-free.
Tax advantages of electric vehicles
New legislation could change the way company cars are taxed in Australia. Here are the potential benefits for both employers and employees.
Does capital gains tax (CGT) apply for knock-down rebuilds?
If you’re considering a knock-down rebuild, it’s important to know if you will be liable for capital gains tax. Here are the details.
Key tax outcomes of the Australian federal budget 2022
The 2022 budget has prioritised families and will reduce personal income tax rates, while a crackdown on tax dodgers aims to reduce fraud.
Tax glossary: Common tax terms used in Australia
Do you know your CGT from your GST? Australian tax is full of specific terms – and here’s a quick explainer.
Tax increase for Queensland landholders with interstate properties scrapped
UPDATE: Queensland landowners will no longer face increased tax under a law that proposed changes how land tax is calculated.