On 2 July 2018, the Federal Government will replace the Child Care Benefit (CCB) and Child Care Rebate (CCR). It will be replaced with a single means-tested subsidy, known as the Child Care...Read More
Personal Income Tax Changes The Government will introduce a seven-year, three-step, Personal Income Tax Plan as follows: A small additional tax offset of up to $530 that you will receive when...Read More
Foreign Residents to be excluded from CGT Main Residence Exemption Your main residence or basically your home is generally exempt from capital gains tax (CGT). To get the exemption, the property...Read More
What are low value goods? Is your business affected by the new law? Generally, low value goods are physical goods that has a customs value of A$1,000 or less. Currently, only goods above...Read More
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