Foreign resident capital gains withholding payments - impacts on foreign and Australian residents
On 9 May 2017, the Government announced changes to the foreign resident capital gains withholding (FRCGW) rate and threshold. The changes...
GST applies to international sales of services and digital products into Australia (the Netflix tax)
From 1 July 2017, GST will apply to imported services and digital products. If you are an Australian GST registered business, you will...
GST - removing the double taxation of digital currency
On 9 May 2017, the Government announced that from 1 July 2017 it will align the GST treatment of digital currency (such as Bitcoin) with...
Improving the small business capital gains tax concessions
On 9 May 2017 the Government announced that it would amend the small business capital gains tax (CGT) concessions to ensure that they can...
Capital gains tax changes for foreign investors
On 9 May 2017 the Government announced that Australia's foreign resident capital gains tax (CGT) regime will be extended to deny foreign...
Temporary budget repair levy
As part of the 2014-15 Federal budget the Government announced that it will impose a temporary Budget Repair levy of 2% on that part of a...
Increase in the Medicare levy - National Disability Insurance Scheme
On 9 May 2017 the Government announced that from 1 July 2019, the Medicare levy will increase from 2% to 2.5% to ensure that the National...
Improve the transparency of tax debts
The Government has announced that it will allow the Australian Taxation Office (ATO) to disclose tax debt information to registered...