DOWNSIZE YOUR HOME, UPSIZE YOUR SUPER

Australians aged 65 years and over might want to downsize to a smaller living space and this has its benefits thanks to a new law passed by the Australian government.

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BUDGET 2017-18

Click to download a copy of the YML Budget 2017-18 Summary

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WILL THE NEW SUPER CHANGES AFFECT YOU?

When the budget came out last May, you might remember a number of changes to Superannuation being announced. They were designed to improve the condition of Super in Australia, and most of these changes will commence on 1 July 2017.

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FOREIGN TAX FOCUS: ISRAEL

It’s always useful to know a bit more about the peculiarities of tax rates in any foreign country you may have business interactions with. This month, we’d like to highlight some of the key points to know about Israeli tax.

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FRINGE BENEFITS TAX

As a business owner, you may have heard of FBT (Fringe Benefits Tax) or discussed this with your accountant. Are you still wondering just what this is, and if you need to pay?

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WORKING HOLIDAY MAKERS – URGENT ACTION REQUIRED BY 31 JAN 2017

In 2016, the Turnbull Government acknowledged the important role played by working holiday makers. Australia has a vibrant, $43.4-billion-dollar tourism industry, and overseas visitors working in the country contribute greatly to this industry – not to mention the contributions made to the agriculture, horticulture, and hospitality industries. In order to ensure all parties involved in this type of employment are paying/withholding fair tax, some new legislative changes have come into place.

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