Taxwise for Individuals - May 2024

News and Insights

Featured News and Insights from VCO

Stay informed with VCO's latest perspectives on accounting, tax, and business.

Our News and Insights section provides timely updates, expert analysis, and practical guidance to help you navigate the everchanging financial and regulatory landscape. Whether it’s key legislative changes, industry trends, or strategic advice, we share valuable knowledge to support your business and financial success.

IN THIS ISSUE

STAGE 3 PERSONAL INCOME TAX CUTS REDESIGNED

FROM THE ATO

Is Your Business Eligible for Concessions?
Check Your PAYG Instalments
Claiming Working From Home Expenses
EV Home Charging Rates
Fringe Benefits Tax Alternative Record Keeping

UNDERSTANDING DIVISION 7A – AVOID COMMON ERRORS

Franking Offset Holding Rule – LIFO Method
Financial Crime

SUPERANNUATION / SMSFs

Have You Been Keeping Good Records?
Prepare to Lodge Your SAR by 15 May
Quarterly TBAR Lodgement Reminder
Self-managed Superannuation Fund Statistics

FROM THE COURTS

KEY TAX DATES

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