Budget 2015: Families
Simpler Child Care Subsidy Date of effect: 1 July 2017 A new single Child Care Subsidy (CCS) will be introduced to replace the existing Child Care Benefit, Child Care Rebate and the Jobs, Education and…
Budget 2015: Pensioners
Asset test changes Date of effect: From 1 January 2017 As previously announced, the Government will increase the asset test thresholds and the withdrawal rate at which pensions are reduced once the threshold is exceeded.…
Budget 2015: Individuals
Tax changes to work related car expenses Date of effect: From 2015/2016 income year The way work related deductions for car expenses are calculated will change. The '12% of original value method' and the 'one‑third of…
Budget 2015: Superannuation
Dying able to access their super earlier Date of effect: From 1 July 2015 After a few horrible cases where terminally ill people could not access their superannuation, the Government is changing the rules to…
What to expect in 2015
It’s almost impossible to predict what the local and global economic environment has in store for us in 2015. The ‘who knows’ factor is adding to uncertainty and in general, business is not ramping up…
Christmas Tax Savings Tips
OK, we know tax is not the most exciting thing to think about in the lead up to Christmas. But these are the questions we get asked all the time, and if you are familiar…
Companies Minimising Tax
Are big companies getting a better tax deal than you? And how you can fight back Hauled in before a Senate enquiry, media mogul Kerry Packer famously said, “Of course I am minimising my tax.…
Budget 2014/15: Government
Reducing the size of Government In addition to freezing wages, the Government has put in place a wide reaching program to reduce the size of Government over the next four years. Merging by 1 July…
Budget 2014/15: Education
Universities able to set their own fees The cost of tertiary education will go up with Universities and other educational providers able to provide their own fee structure (or ‘contribution’ structure as they call it).…
Budget 2014/15: Social Services
Anyone accessing Government support and assistance is likely to feel the impact of the Budget’s tightening of access and eligibility. In addition, eligibility thresholds themselves will be frozen saving the Government $1.5bn over 4 years.…
