Patane Accounting Pty Ltd is a CPA Practice
The Medicare levy will increase from 1.5 per cent to 2 per cent from 1 July 2014. The money raised from this increase will be placed into a National Disability Insurance Scheme (NDIS) fund. Individuals could be affected if they are individual taxpayers, individuals and trustees who are in the pay as you go instalments…
The Government has made reforms to supervisory levy arrangements for self managed superannuation funds (SMSF). Superannuation funds are required to pay an annual supervisory levy to the regulator of the fund. For SMSF’s, the regulator is the ATO. The changes made are: -the timing for collection of the levy -an increase to the levy ensuring…
