Following the flurry of new tax rates and superannuation (super) changes that commenced on 1 July 2017, the Australian Tax Office (ATO) has moved back into more traditional territory with its announcements in the new financial year. Here’s a roundup of what’s new in the tax world:
June 30: Get your (financial) house in order
Time is running out to get your financial house in order before 30 June. This is especially the case for anyone who has funds available to make a large cash injection into their superannuation retirement savings before the rules change.