December 2016 Newsletter

In This Month's Edition

With the festive season upon us, we look at tax-effective ways to get into the spirit of giving.

We also look at the first details about the new changes to Self-Managed Super Funds concerning the new transfer balance account requirement and the cap imposed on these accounts. The rules around the valuation of assets in these funds have also been changed and we will run over the more important points.

Other features include the luxury car tax and the ATO substantiation for home office claims.

Lastly we provide a brief run-down of Fringe Benefits Tax and business Christmas parties, with a handy "decision tree" flow chart.

Please contact us for clarification, or more advice on any of the topics covered in this newsletter and let us help you better your tax position.

 Click here to view our December 2016 Newsletter...

Christmas Decision Trees

Click here for a more thorough read on the following Christmas "decision trees":

• Christmas Party
• Getting to or from the Party
• Christmas Gift

Click here to find out more about our New Online Portal to save you time and much more.

Contact Us 

Should you require more information regarding any topic covered in our newsletter, please contact GJB on 02 9686 3130 for advice on #yourself, #yourbusiness or #yoursuper.

Drop in for a coffee and a chat?

www.gjbarnett.com.au

Disclaimer: All information provided in this newsletter is of a general nature only and is not personal financial or investment advice. Also, changes in legislation may occur frequently. We recommend that our formal advice be obtained before acting on the basis of this information.