Tax Table Reminder

The 2020-21 personal income tax cuts announced are now law. Employers need to ensure that the tax withheld from employee salaries is correct. The ATO has published updated tax tables that apply from 13 October 2020. Employers have until 16 November 2020 to implement the changes

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August 2024 Strategic Update

Please enjoy our August newsletter. Amongst the various topics covered this month is a snapshot of some big changes coming for tax agents that will require more compliance to adhere to. We may have to ask more questions of you from time to time to ensure we are meeting our obligations and we appreciate your understanding whilst we navigate some of the new requirements.

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What’s ahead for 2024-2025?

Will 2024-25 be another year of volatility or a return to stability?

As you would be aware, the personal income tax cuts came into effect on 1 July 2024.

Read further to find out more about the cuts, changes to super, inflation and the effect on cost of living.

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