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Tax Time 2013 is here! Click here for the map

Online Lectures:

 
ATO Updates

Information currently updated by Australian Taxation Office

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Tax time 2013

Overview of key changes 2013

 

  • Tax-free threshold increased
  • Electronic refunds
  • Income test labels
  • Private health insurance rebate
  • Medicare levy surcharge thresholds
  • Dependant tax offsets
  • Net medical expenses tax offset
  • Pensioner tax offset and senior Australians tax offset
  • Mature age worker tax offset
  • Employment termination payments tax offset
  • Low income super contribution
  • Individual tax return instructions supplement
  • Conservation tillage refundable tax offset
  • Business and professional items
  • Removal of the Entrepreneurs tax offset
  • Company, trust and partnership reporting made simpler
  • Research and development tax incentives
  • Small business concessions - simpler depreciation rules
  • Small business and general business tax break removed
  • Company loss carry back
  • Consolidation tax cost setting and rights to future income rules
  • Life insurance companies taxation schedule
  • Member information is required when a member rolls out of a fund
  • Super guarantee
  • Transitional employment termination payments measure - ceased
  • SMSF auditors
  • SMSF market value reporting
  • SMSF supervisory levy

 

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Top Business News

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Home loan & Properties

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Company loss carry-back exposure draft

The Government has released for consultation an exposure draft and explanatory material to introduce company loss carry-back into the business tax system. The exposure draft has been prepared following consultation on the discussion paper, Improving access to company losses, which closed on 6 August 2012.

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Family Assistance News

News updated from Department FAHCSIA

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You might be interested!

Whatever issue related to Tax, Business and Financial, you can find it here!

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Finance and Investment News

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Information updated by Australian Finance Gov and other sources


 
Money and Saving Guides

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The Stock Market For Beginners: 7 Starter Tips

 

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