by C&N Accountants | Jul 11, 2024 | Business, Income Tax, Superannuation
Personal tax & super As you may be aware (thanks to the $40 million public education campaign), personal income tax cuts became effective on 1 July 2024. At the same time, the superannuation guarantee (SG) rate jumped by 0.5% to 11.5%. For employers, it’s...
by C&N Accountants | Nov 27, 2023 | ATO, Superannuation
Australia’s workforce is currently owed a staggering $3.6 billion in superannuation guarantee payments, as revealed by the latest estimates from the Australian Taxation Office (ATO). While on the surface, the compliance statistics for employer superannuation...
by C&N Accountants | Nov 10, 2023 | ATO, Tax Audit
Have you ever wondered why some foods are exempt from GST while others are taxed? A recent Administrative Appeals Tribunal (AAT) encounter sheds light on the intricate balance between GST-free and taxable foods. Origins of the Divide Back in 2000, when the Goods &...
