Author: Steve Ryan - this article appeared in the May 2018 newsletter The ATO is targeting employers paying wages in the form of cash. While this is not illegal, some businesses deliberately pay wages in cash to avoid tax and employee
Archives for May 2018
Federal Budget update
Author: Stephen Mason - this article appeared in our May 2018 newsletter On Tuesday 8 May, the Government announced the Federal Budget including these proposed changes and initiatives: A new tax offset for low and middle income earners, up
Downsize contribution to super
Author: Stephen Mason (this article appeared in our May 2018 newsletter) Last year’s Budget introduced the ability for retirees older than 65 to contribute up to $300,000 each into super where the proceeds arose from the sale of their