August 2019 Newsletter

Rede Accountants August 2019 Newsletter

This month’s edition of our newsletter includes:

• Confusion over personal income tax changes – what are you really entitled to?
  • What changed
  • How the Low and Middle Income Tax Offset works
• Why the Government doesn’t want you accepting cash payments of $10,000 or more
  • Why the change?
  • Interaction with the AUSTRAC reporting entities
• ‘Proof of Life’ Certificates Required for Overseas Pensioners 
• Weirdest Tax Deductions Revealed
• Tax Treatment of Compensation from Financial Institutions 
• FBT and Uber style ride sharing
  •  FBT taxi travel exemption
  • Ride sharing and FBT

View our newsletter here.
Take Care Col, Ken & The Team at Rede