Payday Super &Testamentary Trust

Budget 2018: What’s in it for you It’s May which means it’s Budget time. In the last full Budget before the next Federal election, the Treasurer delivered an election Budget with enough sweeteners for everyone including businesses, income tax relief…

Tax Inspector-General to review ATO’s use of garnishee notices The Inspector-General of Taxation (IGT), Mr Ali Noroozi has announced an investigation into the allegations made during the ABC Four Corners program, aired on 9 April 2018, regarding the ATO’s use of garnishee notices. Garnishee…

Tax debts to affect your credit score Tax debts could soon affect the credit scores of businesses, with the government’s introduction of draft legislation to allow ATO to share debt details of businesses to credit rating agencies. The proposal only…

Excessive card surcharges banned to all businesses Australia’s consumer law has changed to limit the amounts that businesses can surcharge customers for using payment methods such as credit, debit and prepaid cards. A ban on excessive card surcharges now applies…