The ATO is offering some assistance to drought affected tax payers which might be worth checking out – for example more time to pay, adjusting PAYG instalments etc. More information if available here, including a short video.
Our very own Nathan Robinson from the Halletts Young office features in this week’s “say Hi to Our Bloke” section of the Hilltops Phoenix, click here to see the article – please do “say Hi” when you see him!
For companies with turnover above $25M trying to figure out their tax rate and how to frank dividends, the law meant to apply from 1/7/17 is still not law. The ATO has issued guidelines about what to do in the meantime which you can find here – read, enjoy and talk to us if you are still saying WTF (What to Frank ☺)