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Vawdrey Axton Turner News

News and Events

Removal of the Temporary Budget Repair Levy

Removal of the Temporary Budget Repair Levy
The 2% Temporary Budget Repair Levy (or ‘TBRL’), which has applied to individuals with a taxable income exceeding $180,000 since 1 July 2014, is repealed with effect from 1 July 2017.
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Changes to deductions for personal super contributions

Changes to deductions for personal super contributions
Up until 30 June 2017, an individual (mainly those who are self-employed) could claim a deduction for personal super contributions when they met these certain conditions….
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Sale of Australian Real Estate

Sale of Australian Real Estate
Changes to the foreign resident withholding regime for sales of Australian real estate
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Changes to travel expenses for truck drivers

Changes to travel expenses for truck drivers
The ATO has released its latest taxation determination on reasonable travel expenses, and it includes a big change for employee truck drivers.
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5 reasons to take your insurance more seriously

5 reasons to take your insurance more seriously
Insurance is all about providing a financial safety net that helps you to take care of yourself and those you love when you need it most.
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Super Contributions

Super Contributions
Contribution limits have been reduced again use your limits before June 30, don't miss out.
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Minimum Pension Draw Downs

Minimum Pension Draw Downs
Draw your pension or pay more tax.
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Small Business Opportunities

Small Business Opportunities
Accelerated depreciation.
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Asset Protection

Asset Protection
Protect your money from creditors.
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Deferring Income and Prepaying Expenses

Deferring Income and Prepaying Expenses
Pre-pay expenses and save tax.
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