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The mid year 2011/12 budget update is out now! The mid year 2011/12 Federal Budget update has been released, outlining the global and Australian economic outlook for the near to medium term and detailing budget changes to be implemented over the coming years. Find out more ... Full Story >
Latest News
School children caught up in Education Tax Refund fraud The Tax Office recently issued a warning to taxpayers to be wary of a new scam aimed at defrauding the Education Tax Refund System by exploiting people's Tax File Numbers (TFN's). Find out more ... Full Story >	Living away from home concessions -Changes announced The government recently announced in its Mid Year Economic and Fiscal Outlook report that the Living Away From Home Allowance (LAFHA) would be restricted to reduce the abuse of these consessions. Find out more ... Full Story >
Default assessments for non-lodgers The Tax Office has recently warned tax agents of impending issue of default assessments for clients that have overdue returns. Find out more ... Full Story >	Who are super fund member dependants? Recent Tax Office rulings have clarified when stepchildren and same-sex partners are considered dependents for superannuation death benefit purposes. Find out more ... Full Story >
News Archive A refresher on insurance settlements and GST Superannuation Guarantee Charge is here to stay Rental property sale expenses - deduct or capitalise? December 2011 SuperUpdate Newsletter out now! Big four banks downgraded by Standard & Poor’s

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