In today’s modern workforce many people are required or choose to work from home. Given this, taxpayers are able to claim deductions for occupancy expenses. The ATO reports a large increase in claims in this area and it worthwhile noting the
Scamwatch service
We remind you to be aware that scam emails are abundant and plentiful. In fact a client passed on the scam email below which was received over the Christmas/New Year period from the 'MyGov team' - see below. This is a complete SCAM. There is a
Proposed removal of the CGT main residence exemption for foreign residents
The Government is currently considering removing the main residence exemption for taxpayers who are foreign residents when they sell their property. Many taxpayers who move overseas, rely on the 6 year absence to rule to sell their property which
Salary sacrificed super – info for Employers
Your employees can ‘sacrifice’ part of their wages into super contributions under an agreement with you. From 1 January 2020, salary sacrificed super contributions cannot be used to reduce your super guarantee obligations, regardless of the amount
