May Newsletter 2023

client alert tax news | views | clues Is your content making you income? The ATO has warned content creators that they need to be aware of their income tax and GST obligations. Tip: Examples of content creators are individuals who write a blog, post make-up tutorials to social media or stream gaming or other … Continued

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Federal Budget | May 2023

federal budget | May 2023 PERSONAL TAXATION  Personal tax rates unchanged for 2023–2024 In the Budget, the Government did not announce any personal tax rates changes. The Stage 3 tax changes commence from 1 July 2024, as previously legislated. The 2023–2024 tax rates and income thresholds for residents (unchanged since 2021–2022) are: taxable income up … Continued

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April Newsletter 2023

client alert tax news | views | clues Cheaper child care on the horizon Families struggling with the current cost of living crisis could soon have some relief with cheaper child care coming mid-year. The recently passed child care subsidy reforms were a component of Labor’s election platform, with a promise to make early childhood … Continued

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