Individual Tax Issues Personal income tax payable threshold has increased to $18,200 School Kids Bonus of $410 for each primary school aged kid and $820 for secondary school kids for qualifyin ..

From 1 July 2012 businesses in the Building and Construction industry will be required to report to the ATO annually payments made to contractors. The report must contain: The contra ..

If your annual wages, super and fringe benefits exceed $678,000 for the 2012 year then you must register for payroll tax. This threshold can sneak up on you and it is your responsibility ..

Amendments to depreciation rules only apply to small businesses that have an aggregated turnover of less than $2million. From 1 July 2012, small businesses will be able to: Imme ..

It never ceases to amaze me how much people want to learn about building wealth using self managed superannuation funds (SMSF). Especially when they find out that they will not pay any tax when th ..

Apparently according to an article I read the other day almost 71% of people use a tax agent each year. However this doesn't mean your tax return will be correct - almost 22% of tax returns lodge ..