Protection from Superannuation Guarantee Charge for high income earners with multiple employees The government has introduced legislation which will prevent high income taxpayers with multiple employers from overpaying their superannuation contributions which results in an Excess Contributions Charge each year. This will be especially welcome for medical practitioners who often fall victim of this system. […]
READ MOREDo you have a Trust that holds Residential Property in NSW?
ALERT – TRUSTS HOLDING RESIDENTIAL PROPERTY IN NSW MAY NEED TO CHANGE TRUST DEEDS BEFORE 31 DECEMBER OR PAY FOREIGN SURCHARGES ON STAMP DUTY AND LAND TAX For Stamp Duty and Land Tax purposes, any residential land owned by a foreign resident in NSW will be subject to higher rates. An additional 8% for Stamp […]
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