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Newsletter – February 24 Edition
Inside this month:
- Stage 3 Personal Income Tax Cuts Redesigned: The tax cuts legislated to commence on 1 July 2024 will be realigned under Federal Government
- Can My SMSF Invest In Property Development: An SMSF can invest in property development if trustees ensure the investment complies with the rules
- Contractor Or Employee: New guidance from the ATO warns that if a worker is listed as an independent contractor, this doesn’t mean they are a contractor for tax & super purposes
- The Problem When The Evidence Doesn’t Match: A recent case highlights the importance of ensuring the evidence supports the tax position you are taking
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