Tax Alert – November 2018

All of the latest tax news, views and clues for November 2018. This Alert addresses:

  • ATO highlights admin issues in transfer balance cap
  • Australian Small Business White Paper: tax reform a key
  • ATO expects 200,000 to miss out on refunds by failing to lodge
  • Black economy: electronic sales suppression tools now banned
  • Super work test exemption for recent retirees
  • Small business tax cuts brought forward by five years
  • Corporate tax rates and small business tax offset changes
  • Residential rental property travel expenses: ATO guidance
  • Tax on compensation received for inappropriate advice, and;
  • ATO set to issue excess super contribution determinations.