Telstra 2014 share buy-back Clients who participated in the October 2014 Telstra off-market share buy-back will need to take that into account when lodging their 2014/15 income tax return. Taxpayers received a payment of $4.60 per share that they sold, which consisted of: a fully franked dividend of $2.27 per share; and a capital component […]
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 […]
Car Expense rates 2014
Car Expense rates 2014 Car expense rates 2014 Car expense rates per kilometre have increased for the first time since 2009. For the 2014 financial year, the Cents per Kilometre rates are as follows Small Car Medium Car Large Car $0.65 / Km $0.76 / Km $0.77 / Km Interested in joining our […]
January 2014 foreign exchange rates
January 2014 foreign exchange rates The ATO has released the average foreign currency exchange rates for January 2014. Rates for selected countries include: · Europe – 0.6818; · Hong Kong – 7.0998; · Japan – 95.9324; · NZ – 1.1030; · UK – 0.5604; · USA – 0.9200. Interested in joining our team? Why not […]