In this December edition of Hall Chadwick’s Tax Time Monthly we look at:

  • law to limit on deductions for travel and depreciation on residential properties is now in place
  • employers with 20 or more employees to report salaries and wages to ATO via Single Touch Payroll from 1 July 2018
  • legislation now in draft for purchasers to withhold and remit GST on new residential property
  • extension to significant global entities on country-by-country reporting.

From our team to yours, we wish you a happy and safe holiday season. We look forward to keeping you updated on important tax issues through 2018!