In this edition, we look at some recent tax changes and have a follow up to our Winter newsletter article on the Single Touch Payroll system, which will impact small business employers from 1 July 2019.
In the lead-up to the Federal Election next year, we take a look at one of the Labor Party’s planned tax policies in relation to franking credits. With Christmas just around the corner, we also take a brief look at Fringe Benefts Tax consequences of providing gifts and benefts to staﬀ, with the ATO being ‘The Grinch’.
We hope you fnd this edition of InFocus informative, and invite you to contact your CMS Advisor to discuss any of the content and how it may have an impact on you.
From all the Directors and staﬀ at CMS Private Advisory, we wish you and your families a happy and safe Christmas and New Year.