Tax - Insights

Our Tax System on the world stage

by Paul Hockridge Tax

The media coverage of the US income tax rate reductions is a timely reminder of how massively we are out of step, not just with the US but with 7 roughly comparable OECD (Organisation for Economic Co-operation and Development) countries. …

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2018/19 Federal Budget analysis

by Leanne Spiteri Tax, Superannuation, Business & Enterprise

Watch Mutual Trust’s short analysis of the 2018/19 Federal Budget. On Tuesday, 8 May 2018, The Federal Treasurer, Mr Scott Morrison, handed down his third budget (the Turnbull Government’s second of its three-year term), focussing on restraining expenditure, improving the …

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Farm hand: help those helping you with five fringe benefits

by Grahame Barber Tax

The Fringe Benefits Tax (FBT) year concludes on 31 March, which serves a reminder (or an opportunity) to review employee remuneration strategies. The agriculture industry in particular has some of the most generous concessions available. Many Mutual Trust clients have …

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Capital Gains Tax relief for superannuation funds

by Helen McPhee Tax, Superannuation

The Australian Taxation Office has released guidelines on the Transitional Capital Gains Tax (CGT) relief available to superannuation funds needing to comply with the new $1.6 million pension cap and recent changes to the transition to retirement rules. What do …

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