Ancillary funds have until 30 June 2021 to increase their distributions in line with the amendments to be eligible for lower minimum annual distribution rates in future years. Go to Source Author:

The superannuation guarantee rate will increase from 9.5% to 10% on 1 July 2021. Go to Source Author: Australian Taxation Office

Make sure you know how to keep your not-for-profit's data secure. Go to Source Author: Australian Taxation Office

The superannuation guarantee rate will increase from 9.5% to 10% on 1 July 2021. Go to Source Author: Australian Taxation Office

Reminder, the new accounting standard released by the Australian Accounting Standards Board applies from 1 July 2021 and may change how you prepare SMSF's financial statements. Go to Source Author: Australian Taxation

How we look out for tax schemes and fraudulent behaviours relating to inappropriate claims of the loss carry back tax offset, temporary full expensing and backing business investment - accelerated

Failure to lodge penalties will be remitted for some significant global entities (SGEs) who lodge their 2021 income tax returns late, due to the impacts of COVID-19. Go to Source Author: Australian

Businesses with less than $50 million turnover can now access a range of tax concessions. Go to Source Author: Australian Taxation Office

You need to know the residency status of your business entity to determine your Australian income tax obligations. Go to Source Author: Australian Taxation Office

To receive contributions from employers and rollovers from other funds, your SMSF will need a SuperStream electronic service address (ESA). Go to Source Author: Australian Taxation Office