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Taxwise Individual News - June 2012

Published on 01 Jun 12 by THE TAX INSTITUTE

This issue of Taxwise covers:

  • 30 June is around the corner
  • Medicare levy low income thresholds
  • Private health insurance rebate and Medicare levy surcharge changes
  • Tax offset changes from 1 July 2012
  • Living-away-from-home allowance changes
  • Small business changes starting in the 2012-13 income year
  • Superannuation changes
  • Residential premises developments - new GST treatment
  • Taxable payments reporting - building and construction industry

Author profile:

The Tax Institute is Australia's leading professional association and educator in tax, with offices in most major cities. Focusing solely on tax, the Institute provides the best resources, education and networks. Our mission is to equip tax professionals with everything they need to demonstrate the highest level of expertise and increase the advancement of public knowledge and understanding. We are also committed to propelling members into the future and onto the global stage with the introduction of the Chartered Tax Adviser designation.
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