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News & Publications

The most significant tax changes in the new financial year commencing 01 July 2017 are important changes to Superannuation and contributions along with a change to the company tax rate....

New changes to super 

Tax Changes from 01 July 2017

The recent changes to the superannuation rules are designed to cap the amount of money Australians can keep in the tax advantaged superannuation system.  Here’s a brief summary of the key issues​

Super Contributions 

Tax Changes from 01 July 2017

Concessional contribution limited will be $25,000 regardless of age, this figure includes employer superannuation guarantee and salary sacrifice as well as claiming a deduction for contributing to super.

Primary Producers

Tax Changes from 01 July 2017

Primary producers who opted out of income tax averaging 10 years ago will have averaging automatically re-instated....

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Small Business and Companies

Tax Changes from 01 July 2017

The small business company tax rate has been reduced from 28.5% to 27.5% for the 2016–17 income year. This lower rate also applies to small businesses that are corporate unit trusts and public trading trusts....

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Non Residents 

Tax Changes from 01 July 2017

From 1 January 2017, working holiday makers on a 417 or 462 visa must pay 15% tax on working holiday income up to $37,000. Their remaining income is taxed according to their residency status...

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