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Latest News

CHANGES TO LONG SERVICE LEAVE ENTITLEMENTS

On 8 May 2018, the Victorian Parliament passed the Long Service Leave Act 2018 (Vic) (the New Act). The New Act repeals the Long Service Leave Act 1992 (Vic) (the Current Act) and introduces...
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COMPANY TAX RATES

Recently we have seen a number of key developments in relation to company tax rates. It has been confirmed that the Government will no longer extend the company tax cuts...
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REMOVAL OF TRAVEL DEDUCTIONS FOR RENTAL PROPERTIES

The 2017 budget has seen a major change that will impact current and future residential rental property owners. From 1 July 2017, deductions for travel expenses related to: Inspecting Maintaining...
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MOTOR VEHICLE EXPENSES

Clients are missing out on claiming a greater deduction for their motor vehicle expenses as they have not maintained a proper log book. This log book can be in the...
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CORPORATE TAX RATES

The Taxation Office has released its administrative treatment in relation to the Government’s proposal (Treasury Laws Amendment (Enterprise Tax Plan) Bill 2016, currently before Parliament) to reduce the corporate tax...
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