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
Notifiable data breach (NDB) scheme
New laws have been introduced that require business entities, with turnovers greater than $3 million, to report serious data breaches to Office of the Australian Information Commissioner. The NDB scheme applies to all agencies and organisations
Changes to credit card payment surcharges
From 1 September 2017, all businesses that impose payment surcharges on card transactions need to comply with the new law that bans excessive payment surcharges. The purpose of the ban is to stop payment surcharges that are more than the actual
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