Monthly PAYG instalments:

Monthly PAYG instalments:

From 1 July 2027, more businesses and individuals who pay PAYG instalments are expected to have the option of reporting and paying monthly rather than quarterly. The ATO is also expected to gain the power to require certain taxpayers to pay monthly if they have a...
Reviewing your fund’s investment strategy

Reviewing your fund’s investment strategy

Superannuation law requires trustees of SMSFs to formulate, regularly review and give effect to an investment strategy that has regard to the whole of the circumstances of the fund. Although there is nothing in the law stating a timeframe that may define ‘review...
“Widow tax” fixed

“Widow tax” fixed

Federal Parliament has closed an unintended loophole in the recent negative gearing and capital gains tax reforms that became widely known as the “widow tax”. At the same time, the Government also fixed a technical issue that could have affected people who first use a...