Nine Advisory Small Business Tax Update October 2024

In October 2024, we explore the "Payday Super" reform, starting from July 2026, which will require employers to pay superannuation guarantee (SG) contributions on the same day as wages instead of quarterly. We also cover the tax implications of inheriting assets, highlighting how capital gains tax (CGT) applies when beneficiaries inherit property, shares, or other assets.

Nine Advisory Small Business Tax Update September 2024

In September 2024, we explore the increasing threat of tax fraud scams targeting myGov accounts, the ATO's focus on data matching for investment properties and high-value assets, and provide some comments on the current economic climate in Australia. We also highlight Uber's recent legal victory against payroll tax assessments and provide crucial information on various scams affecting individuals and businesses.