Superannuation Guarantee Amnesty

Superannuation Guarantee Amnesty

The Government in late May, announced a once-off, 12-month Superannuation Guarantee (SG) Amnesty for employers who have paid insufficient SG for their employees in the past and have not yet caught up. Subject to the passage of legislation, the Amnesty will be...
Superannuation Fund Reporting Changes

Superannuation Fund Reporting Changes

Self-managed super funds (SMSFs) have new reporting obligations. This is due to the new transfer balance cap measure and event-based reporting framework. The transfer balance account report (TBAR) that is used to report certain events is a separate form from the SMSF...
2018 Federal Budget

2018 Federal Budget

The Treasurer, Scott Morrison, handed down the Federal Budget 2018-19 last night.  We have outlined below the key budget items that may impact you: Personal Income tax changes The Government will introduce a 7 year, 3 step personal income tax plan as follows: Step 1...
QLD New Labour Hire Licensing Laws

QLD New Labour Hire Licensing Laws

The Labour Hire Licensing Act 2017 (the ACT) will commence on 16 April 2018 to protect labour hire workers and safeguard labour hire providers that are ethical and responsible. Key features of the Act include: labour hire providers to be licensed to operate in...
Top 5 Tips in Relation to Fringe Benefits Tax

Top 5 Tips in Relation to Fringe Benefits Tax

The FBT year runs from 1 April to 31 March.  There have been some changes in the past few years and rates having moved from last year.  Now is the time to collate and prepare your FBT Return due for lodgement by 21 May 2018. Here are some tips which will help clarify...