Legislation August 2018
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 Running Time: 11:05 Date: 01/08/2018
- Personal income tax cuts pass the Senate by disagreement
- Single Touch Payroll extended to all employers from 1 July 2019
- Government delays the second round for Corporate tax cuts
- Treasury Laws Amendment (Protecting your Superannuation Package) Bill 2018 introduced
- Superannuation Amnesty Measures Bill approved by Senate Committee but opposed by ALP
- Non-arm’s length income now covers under payment of expenses and outgoings
- Opt-out of SGC for income earners $263,157 with more than one employer
- Changes to new Limited Recourse borrowing arrangements
Topics: Accounting & Tax
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Noel Baharis, Chartered Accountants Australia and New Zealand |
