RBizz Solutions Corporate Accounting & Advisory
RBizz Solutions Corporate Accounting & Advisory
One-Stop CFO Accountants Raising Businesses Globally

Key Dates

Blog tagged as Key Dates

Changes to personal tax rates announced by the federal government
The Labor Government has announced changes to personal tax rates that will provide a tax cut for every Australian taxpayer commencing from 1 July 2024.
RBizz Team
30/01/2024 12:17 PM - Comment(s)
Tax deductions to be denied for interest charged by the ATO
The Federal Government announced in the 2023–24 Mid-Year Economic and Fiscal Outlook (MYEFO) that amendments will be introduced to deny deductions for ATO interest charges, incurred on or after 1 July 2025.
RBizz Team
23/01/2024 03:15 PM - Comment(s)
Changes proposed for DGR status and charitable giving rules
The Productivity Commission released a draft report reviewing philanthropic giving in Australia and recommending various reforms
RBizz Team
19/01/2024 02:34 PM - Comment(s)
Large superannuation balances will have tax concession removed
The federal government has tabled draft legislation to change tax concessional treatment of very large super account balances from 1 July 2025. Individuals with over $3 million in super will be affected.
RBizz Team
04/01/2024 10:40 PM - Comment(s)
Sharing economy reporting regime - ATO finalises exemptions
The ATO has finalised determinations under s 396-55(b)(2) and s 396-70(4) of the Tax Administration Act 1935 on reporting exemptions and exclusions for sharing economy platform operators.
RBizz Team
15/12/2023 03:58 PM - Comment(s)
Payroll tax updates for medical practices
Given the high risk of payroll tax audits across the medical and allied health industry, organisations must understand and adapt to the changing payroll tax landscape.
RBizz Team
28/11/2023 04:04 PM - Comment(s)
Safe harbour for applying prior year deferred losses extended
PCG 2022/1 allows a safe harbour for taxpayers to apply prior year non-commercial loses to reduce other assessable income, otherwise prevented by div 35 of ITAA 1997.
RBizz Team
24/11/2023 11:07 PM - Comment(s)
The ATO agent nomination process
Wondering about the ATO agent nomination process? If you are an existing client, you may not need to do anything. If you are a new client we'll send you information about the steps required to link to us.
RBizz Team
30/10/2023 04:15 PM - Comment(s)
Outstanding tax debts? ATO warns about disclosure to CRAs
The ATO is warning businesses to engage with their tax and super obligations to avoid having their debts disclosed to credit reporting agencies (CRAs).
RBizz Team
18/10/2023 03:26 PM - Comment(s)
ATO finalises guidance on the deductibility of costs relating to holding vacant land
The ATO has finalised the taxation ruling TR 2023/3, which provides guidance on the deductibility of expenses associated with holding vacant land.
RBizz Team
29/09/2023 03:36 PM - Comment(s)
Your business may be selected for ATO’s PAYG withholding compliance test
A lodgment reminder pilot program has been announced by the ATO, for 3,000 randomly selected employers - PAYG withholding amounts reported by them via STP will automatically become payable as at due date even if no activity statement is lodged.
RBizz Team
25/09/2023 06:43 PM - Comment(s)
Fringe Benefits Tax and Business
Do you offer your employees benefits in addition to salary and wages? If so, you may need to report FBT. Fringe benefits can help employees reduce their taxable income but you need to take care of the admin. Get in contact to learn more.
RBizz Team
20/06/2023 05:06 PM - Comment(s)
Prepare for Finalising Single Touch Payroll
Prepare now for finalising STP payroll data by 14 July. Book a time with us today to check essential employee information, verify the numbers and confirm payroll categories are linked to the correct reporting fields before lodging with the ATO.
RBizz Team
15/06/2023 04:01 PM - Comment(s)
Lump sum payment in arrears to be exempt from Medicare levy
Lump sum payments in arrears may get an exemption from Medicare levy in limited situations.
RBizz Team
04/06/2023 05:02 PM - Comment(s)
Temporary full expensing is due to end soon – your tax deduction guide
As the end of the financial year approaches, the temporary full expensing rules will be coming to an end. Considering this, we explore the options that are now available for small and medium businesses to optimise their tax deductions.
RBizz Team
25/05/2023 05:41 PM - Comment(s)
Your upcoming tax calendar for April and May 2023
As we move into the business end of tax planning for 2023, here is a list of key tax dates for April and May 2023. Be aware of your upcoming tax obligations here.
RBizz Team
28/03/2023 04:49 PM - Comment(s)
Paid Family and Domestic Violence Leave – New Entitlement Rules
As of 1st Feb, Paid Family and Domestic Violence Leave is a paid leave entitlement for employees of larger employers, and from 1 Aug 23 for employees of small employers. Talk to us to plan for changes to payroll provisions and costs.
RBizz Team
03/02/2023 03:30 PM - Comment(s)
Your upcoming tax calendar for February and March 2023
Welcome to 2023! To help you understand your tax obligations as you get back into the swing of things, here is a list of key tax dates for February and March 2023.
RBizz Team
01/02/2023 09:37 AM - Comment(s)
The Secure Jobs and Better Pay Bill - How will it affect your business?
The new 'Secure Jobs, Better Pay' Bill 2022 brings major changes to employment laws. While most of the changes roll out over the next 6-12 months, some take effect now. Talk to us about reviewing your HR documents.
RBizz Team
16/12/2022 03:33 PM - Comment(s)
Employees and the Holiday Season – What You Need to Know
Employees and the Holiday Season – What You Need to Know
RBizz Team
01/12/2022 04:50 PM - Comment(s)