Issue 102 – The Newsletter

James Murphy Tax

THE NEWSLETTER Tax Planning Opportunities for Everyday Business TREASURY LAWS AMENDMENT (2019 TAX INTEGRITY AND OTHER MEASURES NO.1) BILL 2019 (This received Royal Assent on Monday 28.10.2019) This amends the: Income Tax Assessment Act 1936 to: Remove a tax deduction which arises upon repayment of principal under a concessional loan by certain privatised entities; Income Tax Assessment Act 1997 to …

Issue 102 – Bonus Issue

James Murphy Tax

Special Bonus Issue  SUPERANNUATION (WEALTH ACCUMULATION TIPS) WHAT’S NEW IN 2019/20? Death benefits and the transfer balance cap – we outline the situation when someone becomes entitled to an additional pension because of the death of their spouse. The superannuation amnesty passed by both houses of parliament. Early opportunities. Superannuation year-end tax planning for 30 June 2020 outlining new opportunities …

Editor’s Letter

bo2dev Tax

Welcome to the 14th edition ofbO2 Corporate Essentials simplified summary of the Australia Taxation System, our Annual Taxation Summary Manual 2020. Let’s face it. Tax is confusing! But don’t worry, we’re here to help! The year 2019 is marked by a number of significant events, many of which drastically changed our country’s political landscape; we’ll take a look at the basics of the …