These are payments made by businesses that have not withheld an amount or reported the PAYG tax to the ATO. Such payments are considered non-compliant and will make the employers ineligible for tax deductions.
Hear Modoras Accounting Director, James Morris and Modoras Associate Director and Executive Planner, Tony Sarai share insights into potential strategies for saving tax for both individuals and / or businesses.
Economic and Market Update April 2019 - Wondering which key events have been driving markets this month? Watch Senior Economist Bob Cunneen in discussion with Portfolio Specialist, Sinead Rafferty to find out.
Federal Budget 2019: Aged Care
Federal Budget 2019 Initiatives: Aged Care
Increasing Funding for Aged Care
Effective 1 July 2018
The Government will provide $724.8 million over five years from 2018-19
Federal Budget 2019: Superannuation
Federal Budget 2019 Initiatives: Superannuation
- Changes to voluntary super contributions
- Increasing age limit for spouse contributions
- Extended access to bring-forward non-concessional contributions
Changes to Voluntary Super Contributions
Currently, people aged 65 to 74 can only make voluntary superannuation contributions if they
Federal Budget 2019: Tax (individuals)
Federal Budget 2019 Initiatives: Tax (individuals)
- Immediate tax relief for low-to-middle income earners
- Reduction of key marginal tax rates
Immediate tax cuts for low-to-middle income earners
Effective 1 July 2019
The Low and Middle Income Tax Offset (LMITO) was introduced in