News
Australian Bushfires
Our thoughts are with all Australians affected by Australia’s bushfire crisis, including our members and their clients.
Demonstrating the number of business kilometres travelled when using the cents per kilometre method
The ‘cents per kilometre’ method broadly allows an individual taxpayer to claim up to a maximum of 5,000 business kilometres per car, per year without the need to keep any written evidence (e.g., receipts) of car expenses.
NTAA's 2019/20 Budget Update Video
Watch the NTAA's 2018/19 Budget Update Video.
TaxTeam Training days
Members are advised that our TaxTeam will be closed for staff training.
NTAA's 2019/20 Budget Summary
Please click on the link to download the NTAA's 2019/20 Budget Summary.
Three-yearly audit cycle for some self-managed superannuation funds (SMSFs') - NTAA submission
Click on this link for our Three-yearly audit cycle for some self-managed superannuation funds (SMSFs') submission
Tax Hotline Question
What should be done by 30 June 2018 to prevent loans by private companies to shareholders from being a deemed dividend under Division 7A?
Substantiation Exception for Reasonable Travel Allowance Expenses
Click on this link for our Substantiation Exception for Reasonable Travel Allowance Expenses submission
Average Australians face losing Billions in Tax Grab!
Media Release - Wednesday, 2 March 2016
Tax White Paper Task Force - NTAA Submission
Click on this link for our Tax White Paper Task Force submission
Single Touch Payroll discussion paper – NTAA Submission
Click on this link for our submission on the ATO's Single Touch Payroll disucssion paper.
Tax Cases Update
Click on this link for the latest tax and other cases we believe are relevant to our members which feature in the most current editions of Voice.
SMSF auditor registration requirements
On 23 June 2012, the Minister for Financial Services and Superannuation announced that, from 1 July 2013, auditors must be registered with the Australian Securities and Investments Commission (‘ASIC’) to conduct audits of self managed superannuation funds (‘SMSFs’).
