This is our special 2013-14 Lodgment, Rates and Thresholds newsletter which contains comprehensive tax rates and thresholds as well as lodgment due dates for the current tax year.
2013-08 – MBS Monthly Update [2013-14 lodgment rates and thresholds].pdf
Should you require more information regarding any topic touched upon in this newsletter, please feel free to contact MBS to discuss the details.
Disclaimer & Copyright: All information provided in this newsletter is of a general nature only and is not personal financial or investment advice. Also, changes in legislation may occur frequently. We recommend that our formal advice be obtained before acting on the basis of this information. The Copyright is owned exclusively by Taxpayers Australia Inc (ABN 96 075 950 284)
The Tax Office has made it clear that it intends to target certain industries, specific tax claims and other areas that it views as having become problematic in its scrutiny of this year’s tax returns. We look at the key targets outlined for special attention.
The Tax Office has also revised the private heath insurance rebate, with changes made to the relevant section of the 2012-13 tax return form that affected taxpayers will need to know. And several changes have also been made to the superannuation landscape from July 1 this year — but also many proposals that didn’t get up. We run over the current state of play in superannuation (including moves on the SMSF front).
This month’s newsletter also brings some good news. The loss carry-back tax break for businesses has finally been passed into law, so ask us if your business can finally take advantage of this newest tax break. And an international charitable giving index has deemed Australia to be the most generous nation on the planet (although Tax Office data shows that our wealthier citizens have dropped the ball a little on this issue).
2013-08 – MBS Monthly Update.pdf
Should you require more information regarding any topic touched upon in this newsletter, please feel free to contact MBS to discuss the details.
Disclaimer & Copyright: All information provided in this newsletter is of a general nature only and is not personal financial or investment advice. Also, changes in legislation may occur frequently. We recommend that our formal advice be obtained before acting on the basis of this information. The Copyright is owned exclusively by Taxpayers Australia Inc (ABN 96 075 950 284)
