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GTH Group

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Latest news

GTH Group
July 13, 2018

1 July 2018 Personal income tax cuts

GTH Group
July 13, 2018
1 July 2018 Personal income tax cuts

New personal income tax rates come into effect from 1 July 2018. 

Tagged: taxation, income tax, personal tax rates, changes

GTH Group
July 6, 2018

Company tax change in limbo

GTH Group
July 6, 2018
Company tax change in limbo

An issue that many business owners and investors will need to grapple with is uncertainty on the tax rate that applies to companies for the year ended 30 June 2018 and the maximum franking rate on dividends paid during the 2018 income year. 

Tagged: company, tax law, australian tax law, change, government, business

GTH Group
June 15, 2018

Who gets a tax cut from 1 July?

GTH Group
June 15, 2018
Who gets a tax cut from 1 July?

1 July 2018 is the start date for the seven year income tax plan announced in the recent 2018-19 Federal Budget. 

Tagged: tax cut, taxation, 1 July, federal budget

GTH Group
June 11, 2018

Your essential EOFY checklist

GTH Group
June 11, 2018
Your essential EOFY checklist

No one wants to pay more tax than they need to or face unnecessary risks. We’ve compiled a list of our top tips for you.

Tagged: EOFY, checklist, taxation, deductions

GTH Group
June 8, 2018

What’s changing on 1 July 2018?

GTH Group
June 8, 2018
What’s changing on 1 July 2018?

A break down of the changes for individuals, business, and superannuation effective 1 Jul 2018.

Tagged: changes, 1 July 2018, latest news

GTH Group
June 3, 2018

One-off Super Guarantee Amnesty

GTH Group
June 3, 2018
One-off Super Guarantee Amnesty

Employers that have fallen behind with their superannuation guarantee (SG) obligations will have 12 months to “self-correct” under a new amnesty announced late last month.

Tagged: Superannuation, Superannuation Guarantee Obligations, SG payments, Employees, Employers

GTH Group
May 24, 2018

Farm Management Grants

GTH Group
May 24, 2018
Farm Management Grants

Queensland primary producers may be eligible for Farm Management Grants, currently available to assist with offsetting the cost of professional advice associated with succession planning.

Tagged: agribusiness, grants, primary producer, succession planning

GTH Group
May 21, 2018

CGT and the family home: Expats and foreign residents beware

GTH Group
May 21, 2018
CGT and the family home: Expats and foreign residents beware

The family home of foreign residents and expats may be taxed if legislation before Parliament is passed by the Senate. 

If you are a foreign resident living in Australia or an Australian working overseas who owns residential property in Australia, this reform potentially has serious tax implications for you. 

Tagged: CGT, legislation, Foreign residents, australia, family home

GTH Group
May 18, 2018

In the news

GTH Group
May 18, 2018
In the news

Updates on the Tampon Tax and changes to the definition of an SMSF.

Tagged: in the news, tampon tax, SMSF, change, taxation

GTH Group
May 13, 2018

Tax stats reveal the state of the Australian community

GTH Group
May 13, 2018
Tax stats reveal the state of the Australian community

Every year, the Australian Taxation Office (ATO) compiles the tax data they collect. The recently released 2015-16 ‘tax stats’ encapsulate the data from 16 million income tax returns lodged for the 2016 income year for 13.5 million individuals, 940,000 companies, as well as superannuation funds, partnerships, and trusts. 

Tagged: taxation, superannuation, Australia, Statistics

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