NEWS

10/30/2021

GST implications for importers and exporters

Key ideas  Underlying policy  The policy underlying the GST cross-border rules is simple — i.e., based on the destination principle, GST is levied where goods and […]
10/30/2021

Do I have to charge GST when I provide tax services to overseas clients?

Before the COVID-19 pandemic significantly changed international travel, Australians moved overseas every year for a wide variety of reasons, such as career, business, study, family and […]
10/30/2021

Company deriving rental income cannot claim CGT concessions

Tax Determination TD 2021/2 (the Determination) released on 24 Feb 2021, confirmed that companies whose only activity is renting out investment property cannot claim the small […]
10/30/2021

A timely change to the FBT car parking exemption rules

A legislative change, announced in the 2020–21 Federal Budget and legislated by the Treasury Laws Amendment (A Tax Plan for the COVID-19 Economic Recovery) Act 2020 […]
10/30/2021

Single Touch Payroll changes from 1 July 2021

The ATO has recently published a number of changes to Single Touch Payroll (STP) which will take effect on 1 July 2021. Small employees will commence […]
10/30/2021

Australian Accounting Awards 2021

10/30/2021

PAYG Rules: Your Staff Got Paid Correctly?

As an employer, it is your obligation to collect tax from the payment you make to employees in helping them meet their end-of-year tax liabilities. Registering […]
10/30/2021

Economic response to the Coronavirus

The Government has announced its economic response to the Coronavirus in the form of a $17.6 billion economic stimulus package. The package has been marketed as […]
10/30/2021

Monday, 8 March: International Women's Day 2021

“There is no limit to what we, as women, can accomplish.” – Michelle Obama  Happy International Women’s Day (IWD).   At VHL Partners, we are delighted to be […]
10/30/2021

Employees VS Contractors

Difference between employees and contractors Determining whether a worker is an employee or a contractor requires reviewing the whole relationship between the individual and the employer.  […]
10/30/2021

The Government's income tax cuts have been passed by the Senate – How much we can save?

Senate crossbenchers Jacqui Lambie and the Centre Alliance confirmed their support on Thursday morning, clearing the path for the new laws, which independent Cory Bernardi has […]
10/30/2021

Individual Rates of Tax – 2018/19

Resident Individual [ux_image id=”1068″ image_size=”original”] Non-resident Individual [ux_image id=”1069″ image_size=”original”] Low-income Thresholds – Individual [ux_image id=”1070″ image_size=”original”] Low-income Thresholds – Families [ux_image id=”1071″ image_size=”original”] Medicare Levy Surcharge [ux_image […]
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