NSW Government Announces Payroll Tax Cuts

The NSW Treasurer, Dominic Perrottet, has announced that the payroll tax threshold will be increased from the current level of $750,000 to $1m by 2021/22, ahead of its Budget on 19 June 2018. The threshold, the point at which companies start paying payroll tax, will...

ATO website updates — Tax Time 2018

  • Clothing put through the wringer this tax time — The ATO is focusing on work-related clothing and laundry expenses this tax time and will closely examine taxpayers’ clothing claims. • Work-related clothing and laundry expenses media grabs — The ATO has...

Tax Integrity and Other Measures Bill Introduced

A Bill to implement the OECD hybrid mismatch rules designed to strengthen the integrity of the tax system has been introduced into parliament. The Treasury Laws Amendment (Tax Integrity And Other Measures No 2) Bill 2018amends the ITAA 1997 to implement part of the...