IN THIS ISSUE
This November, our special business edition of TaxWise outlines key upcoming tax and compliance changes for Australian small businesses – including the extended $20k asset write-off, the introduction of Payday Super, tighter ATO compliance focus, updated GST and Division 7A rules, FBT risks on vehicles and entertainment, and new super and reporting reforms.
WHAT’S NEW?
- Small business instant asset write-off
- Payday super
- GST measures
- Public register for unlisted companies
- Super reforms
ATO COMPLIANCE ACTIVITIES
- Small business tax risks
- Small business benchmarks
- Tax tips for sole traders
- Private groups: what’s on the ATO’s radar
OTHER ATO INFORMATIONS
- Loans and other payments from your company
- Private use of work vehicles
- Dual cab utes and FBT
- Entertaining your employees?
- Varying your PAYG instalments
- GST and vouchers
KEY TAX DATES
