How Will Key Tax Initiatives Impact You and Your Practice?

How Will Key Tax Initiatives Impact You and Your Practice?

By Jakin Loke

The 2019 financial year was filled with uncertain times about taxation, especially heading into the federal election. 

Now that the political dust has settled and as we embark on a new financial year, it is important to take stock of some of the key tax measures affecting both you personally and your practice, such as: 

 - Single Touch Payroll

 - Low and Middle Income Tax Offset

 - Instant Asset Write Off

 - Downsizer Contributions into Superannuation

 - Division 293 Tax

 - GST Withholding

Full article below.