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Australian Tax Update – July 2019
This month’s tax update looks at the changes in super, insurance and exit fees. ATO new concession on Single Touch payroll, clothing and laundry expenses claims, trust property, and tax cheat tip-offs.
Australian Tax Update – June 2019
This month’s tax update looks at key issues for you, your business and your SMSF as the ATO’s data matching approach becomes more sophisticated. We also cover offer tips on how to prepare for a visit from the tax office.
The Reserve Bank of Australia cuts interest rates to historic low
The Reserve Bank of Australia (RBA) has reduced the cash rate from 1.5% to a historic low of 1.25% as expected. Read the statement by RBA Governor Phillip Lowe here.