Business
Travel allowances and ‘LAFHAs’
The ATO has released a ruling explaining: When an employee can deduct accommodation and food and drink expenses when travelling on work; The FBT implications,
September 3, 2021
Income Tax Offsets
Reminder of superannuation caps indexation for 2022
From 1 July 2021, the superannuation contributions caps have been indexed for the 2022 income year. The new concessional contributions cap for the 2022 financial
August 2, 2021
Business
Economic Response to Coronavirus
On 12 March 2020, the Australian Government announced a $17.6 billion targeted stimulus package to support the Australian economy through the challenges of the coronavirus.
March 13, 2020
Income Tax Offsets
Court confirms ATO position on foreign income tax offsets
The ATO has welcomed the decision of the High Court to basically uphold the decision of the Full Federal Court in a case which the ATO won,
March 2, 2020