by Pistol | Nov 16, 2023 | eNews
Chobani plain yoghurt is GST-free, but Chobani’s ‘flip’ range is taxable? A recent case before the AAT demonstrates how fine the dividing line is between GST-free and taxable foods. Back in 2000, when the Goods & Services Tax (GST) was first...
by Pistol | Nov 16, 2023 | eNews
Workers are owed over $3.6 billion in superannuation guarantee according to the latest Australian Taxation Office estimates – a figure the Government and the regulators are looking to change dramatically. Superficially, the statistics on employer superannuation...
by epoch | Oct 7, 2023 | eNews
Treasury has released draft legislation to enact the Government’s plan to increase the tax rate on earnings on superannuation balances above $3m from 15% to 30% from 1 July 2025. The release of the draft is the final step before the legislation is introduced...
by epoch | Oct 7, 2023 | eNews
The Australian Taxation Office has released a new draft ruling on self-education expenses. We revisit the deductibility of self-education expenses and what you can and can’t claim. Suppose you undertake study connected to your work. In that case, you can...
by epoch | Oct 7, 2023 | eNews
Electricity is the new black. Gas and other fossil fuels are out. A new, limited incentive nudges business towards energy efficiency. We show you how to maximise the deduction! The small business energy incentive is the latest measure providing a bonus tax deduction...
by epoch | Sep 7, 2023 | eNews
What a difference timing makes. A recent case before the Administrative Appeals Tribunal (AAT) is a reminder about the tax impact of the timing of employment income. In this case, the taxpayer was a non-resident working in Kuwait. As part of his work, he was entitled...
