The following summarises some of the key messages from the ATO’s meeting with the professional associations at the ATO Tax Practitioner Forum (ATPF) on 26 June 2013. Client lists and new clients: The ATO recommends that agents undertake regular reviews of their client lists to add any new clients for the year and to remove […]
Economic Statement 2013
CPI- December quarter 2013
CPI- December quarter 2013 The CPI indexation factor for the December 2013 quarter is 104.8 (an increase of 0.8 from the September quarter of 104.0). This indexation factor is now basically only used (in a taxation context) for FBT purposes in relation to remote area housing. Interested in joining our team? Why not apply […]
Car expense rates
Car expense rates Car expense rates per km – 2013/14 Car expense rates The car expense rates per kilometre have been set for the 2013/14 year (and they have been increased for the first time since 2008/09). Year Small car Medium car Large car 2012/13 63c 74c 75c 2013/14 65c 76c 77c Interested in joining […]
Reminder: Lodging SMSF returns
Reminder: Lodging SMSF returns To help prepare for lodgment, the ATO is reminding those with SMSFs that their fund’s audit report needs to be completed before their SMSF annual return can be lodged. This is especially important for new registrants (i.e., those SMSFs registered in the 2012/13 year), as their 2013 SMSF annual return is […]
