The mid year 2011/12 Federal Budget update has been released, outlining the global and Australian economic outlook for the near to medium term and detailing budget changes to be implemented over the coming years. Find out more ... Full Story >
The Tax Office recently issued a warning to taxpayers to be wary of a new scam aimed at defrauding the Education Tax Refund System by exploiting people's Tax File Numbers (TFN's). Find out more ... Full Story >
The government recently announced in its Mid Year Economic and Fiscal Outlook report that the Living Away From Home Allowance (LAFHA) would be restricted to reduce the abuse of these consessions. Find out more ... Full Story >
The Tax Office has recently warned tax agents of impending issue of default assessments for clients that have overdue returns. Find out more ... Full Story >
Recent Tax Office rulings have clarified when stepchildren and same-sex partners are considered dependents for superannuation death benefit purposes. Find out more ... Full Story >