New directors need a director ID before appointment from 5 April 2022

New directors need a director ID before appointment from 5 April 2022

March 24, 2022

From 5 April 2022, directors must apply for their director ID before they are appointed. Ensure your clients who are a director or are planning to become one to apply for their director id...Read More Read More

Super rates and thresholds for 2022-23

March 4, 2022

CONTRIBUTIONS CAPS: The CGT cap amount for non-concessional contributions is $1.65m for 2022-23 (up from $1.615m). The concessional contributions cap is unchanged at $27,500 for 2022-23. Th...Read More Read More

Tasmania: Land tax reduction announced

March 4, 2022

The Tasmanian Government announced land tax threshold changes as tax relief for property owners. The tax-free threshold for land tax will increase to $100,000 (from $50,000) while the u...Read More Read More

Thai and Vietnamese DTAs to be modified by MLI

March 4, 2022

Thailand and Vietnam signed the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (the "MLI"), joining 97 other jurisdictions. ...Read More Read More

FIRB: Purchasing residential real estate in Australia

March 4, 2022

Foreign persons need to obtain approval from them before purchasing Australian residential real estate. They can do this by using the FIRB application form, After approval and a property...Read More Read More

$450 per month threshold removal for SG now law

March 4, 2022

From 1 July 2022, employees who earn less than $450 per month will be paid super guarantee by their employer if they satisfy other eligibility requirements. A change advice to update pay...Read More Read More