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January 2020

No CGT Main Residence Exemption for Non-Residents

Wednesday January 29 2020
  The Government recently tabled legislation, in a second attempt to deny access to the CGT main residence exemption for individuals who are foreign residents (i.e., non-resident taxpayers for...

ATO and 2019/2020 Bushfire Assistance

Wednesday January 22 2020
  Following the devastating bushfires across large parts of Australia in the summer of 2019/2020, the ATO has offered ongoing concessions. In particular, a specific helpline (1800 806 218) has...

STP and Superannuation Guarantee

Wednesday January 15 2020
  At the Australian Institute of Superannuation Trustees Chairs Forum, the ATO's Deputy Commissioner of Taxation has confirmed that as a result of STP, the ATO now has an "unprecedented level of...

PAYG and Deductions for Payments to Workers

Friday January 10 2020
  The ATO is reminding business taxpayers that deductions are no longer available for certain payments to workers if they have not met their PAYG withholding obligations from 1 July...