News Archive

As the government awaits the flow on of interest rate cuts and tax cuts into the Australian economy, consumer confidence hit a new low this month. As Australia heads down a well-trod path towards zero interest rates, we look at what it could mean for you in this month's update.

This month we also look at the extension of the super guarantee amnesty as well as the opt-out measures for employees that have more than one employer.

As always, if you have any queries, contact our team on 9957 4033.

	Towards Zero Interest Rates (And What It Means To You) Australia is heading down the path that many other countries have walked in reducing interest rates to stimulate the economy, however with drops in consumer confidence, and the lukewarm impact of tax cuts, what does a 'zero interest rate' economy mean for you?
	Super Guarantee Amnesty Resurrected If your business is behind on its Superannuation Guarantee, then there is another opportunity to self-correct via the latest SG amnesty – but if you don't, the penalties will be stiff.
	Ability for Employees with Multiple Employers to Opt-Out of Super How do you manage employees that have more than one employer when it comes to the superannuation guarantee?
	Tax Alert: Distributions To Non-Resident Beneficiaries The ATO's recently released interpretation of the tax treatment of capital gains distributed by an Australian discretionary trust to non-resident beneficiaries will have a significant negative impact for some.
	Review Of Company Tax Residency Rules Landlords often get confused about what they can and can't claim for their rental properties and what seems like perfect sense in the real world doesn't always equate to the way the ATO views deductions.

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Disclaimer

This article is provided for information purposes only and correct at the time of publication. It should not be used in place of advice from your accountant. Please contact us on 02 9957 4033 to discuss your specific circumstances.