by Affinity | Aug 23, 2013 | Business eNews, Latest News
Many small businesses struggle to attract and retain skilled and competent staff, especially when they are unable to compete directly against larger organisations that can afford to pay higher salaries. There is a way to overcome this disadvantage, but small business...
by Affinity | Aug 19, 2013 | Latest News
The government has decided to bring forward the commencement of the carbon emissions trading scheme to 1 July 2014, and as part of this they have announced other changes, including to the FBT treatment of car fringe benefits. Of course, whether or not these...
by Affinity | Aug 19, 2013 | Latest News
With $18 billion in work-related expenses (WREs) being claimed each year, the ATO says that it will focus on occupations with a pattern of large or rising claims, as well as claims which do not fit the pattern for a particular occupation. What’s new this year?...
by Affinity | Aug 19, 2013 | Latest News
The ATO’s recent compliance operations have uncovered evidence of increased manipulation of trusts as vehicles that can be at the centre of tax avoidance or evasion arrangements. The ATO will target those people that exploit trusts to conceal information,...
by Affinity | Aug 19, 2013 | Latest News
The DisabilityCare Australia legislation that provides for a half a percentage point increase in the Medicare levy has passed the Parliament and become law. The legislation will increase the Medicare levy from 1.5% to 2% of taxable income from 1 July 2014....
by Affinity | Aug 19, 2013 | Latest News
The ATO’s Commissioner, Chris Jordan, has warned investors about new and complex tax avoidance schemes being marketed as people get ready to lodge their 2013 tax returns, saying: “Tax avoidance schemes are no longer the blatant too-good-to-be-true offers...
