audit

What the ATO are targeting this FBT year

Businesses that have bought cars and living away from home allowances Data matching has become more sophisticated over the years to the point where there very few transactions you can make without the ATO knowing about it. While the officers at the ATO don’t go through data line by line they do look at anomalies. …

gavel

Superannuation changes receive royal assent

Super changes The changes to the superannuation (super) system, announced by the Australian Government in the May 2016 Budget have now received Royal Assent. These changes were designed to improve the sustainability, flexibility and integrity of Australia’s super system. Most of the changes will commence from 1 July 2017. Your super is your future –…

timing your succession

SuperStream deadline 28 October

Are you SuperStream compliant? If you employ people in your business, all superannuation payments must be made in accordance with the ATO’s new electronic data and payments system, SuperStream. Medium and large employers (20 or more employees) are required to be SuperStream compliant by 31 October 2015, but for small employers (19 or fewer employees)…