latest news
the government is set to increase civil penalties for white-collar crime
On 4 May 2018, the Government released its response to the Senate Economics References Committee report into penalties for corporate and financial misconduct and agreed to increase the civil penalties.
residential rental property travel expense deductions: ato guidance
With effect from 1 July 2017, the Treasury Laws Amendment Act 2017 introduced s 26-31 into the Income Tax Assessment Act 1997 to disallow deductions for non-business travel costs incurred by individuals, self managed superannuation funds and “private” trusts and partnerships.
businesses need to be ready: gst on low value goods from 1 july 2018
