Budget

For SMSF: Minimum annual payments for super income streams

For the 2017/2018 Year: Age of Beneficiary Percentage factor Under 65 4% 65 to 74 5% 75 to 79 6% 80 to 84 7% 85 to 89 9% 90 to 94 11% 95 or more 14%

How a millionaire pays no income tax

To read The Age article click here.

Laundry Claims

From Tax & Super Australia: This tax time, the ATO, as usual, has nominated some tax claim hot spots that it will be paying attention to — and which you could warn clients who may be likely to claim these deductions with abandon. For example, the ATO has already flagged that it will be checking […]

ABN Entitlement

https://www.youtube.com/watch?v=O7NSNWl_vF8