2023 Changes to Land Tax – Summary
Land tax is applicable to all states in Australia, with the exception of the Northern Territory. It is a complicated area of tax law and one that has rules differing between states. Land tax is a tax levied on the owners of land in NSW as at midnight on 31 December of each year & […]
Changes to Work from Home Deductions
1 March 2023 marked a significant change to the record keeping requirement for those working from home in claiming working from home deductions in your income tax returns moving forward. The ATO has recently announced changes to working from home deductions and the shortcut claim method (80 cents per work hour) is no longer available. […]
Superannuation – The Government’s Proposed Changes
For a number of months now there has been speculation with respect to changes to Superannuation – and in particular members who have significant funds in Superannuation. The present regimes taxes income as follows: Super zero to 15% – (Penalty tax rate of 47% which is not being discussed as funds presumed to be complying.) […]
Paid Family and Domestic Violence Leave Regulations 2023
The recent changes to Family and Domestic Violence (FDVL) leave came into effect for non-small business employers, who employ 15 or more staff, from the 4th of February 2023. The following is a summary of the changes: Further to our article posted last month, we have summarised some further points and linked some helpful information: […]