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Australian Tax Office Updates

Airline transport fringe benefits

Airline transport fringe benefits

The Government has announced that it will impose restrictions on the availability of tax concessions related to the provision of LAFHA benefits that extend those announced last year as part of Mid Year Economic and Fiscal Outlook 2011 12 (MYEFO)...

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Holiday homes that taxpayers rent out

Holiday homes that taxpayers rent out

Holiday homes that taxpayers rent out Gavin:  The ATO has updated its information guide on claiming deductions on holiday homes.  This may have something to do with its stated intention to increase its audit focus on holiday homes that are rented...

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deceased estate

deceased estate

The property and assets belonging to a person who has died is called their deceased estate. This may include real estate, money in bank accounts, shares, and personal possessions. Some types of income will also form part of the deceased estate...

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Choosing a Superfund

Choosing a Superfund

Choosing a Superfund All employees are entitled to super contributions made by your employer. The amount of hours you work per work should not be a concern, it is the amount earned that affects your eligiblity for payments. The payment made will...

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