From 1 July 2019, super fund members can make catch-up concessional contributions into their super account using their unused concessional contributions cap amounts from previous years.
Under the new ‘Protecting Your Super’ law, inactive low-balance super accounts will be automatically transferred to the Australian Taxation Office (ATO).
If you operate in the building & construction, cleaning or courier industries, you may need to lodge a Taxable Payments Annual Report (TPAR) by 28 August.
• ATO increases fuel tax credit rates.
• Taking advantage of cashless business.
• Positive business culture.
• And more.