CPD Superannuation Pty Ltd, Capalaba, QLD, Australia

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ATO Help for Flood Affected Areas in Queensland

07/01/2011

Lodgement dates deferred

Earlier this week, the Australian Taxation Office announced implementation of a range of support strategies to help those affected by the floods currently being experienced in Queensland.

This includes the deferral of lodgement dates and the implementation of general interest charge (GIC) stoppers for businesses, tax payers and tax practitioners.

If you reside within any of the flood afflicted areas, you do not need to apply for a deferral, as the ATO will automatically defer the lodgement and payment date for December monthly activity statements, originally due 21 January, to 21 February 2011.  Any later deferrals that have already been granted will still apply.

For more information, please visit http://www.ato.gov.au/corporate/content.asp?doc=/content/00266454.htm or call the ATO on 1800 806 218.

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Outstanding Tax Return or BAS Lodgement?

21/12/2010

Don't ignore letters from the ATO

If you have outstanding tax returns and/or BAS lodgements, or other compliance issues, please do not ignore any letters you may receive from the Australian Taxation Office requesting information regarding these matters.

We know of one instance where a taxpayer ignored no less than four letters from the ATO - they are now facing court action which could have been avoided if they had simply contacted the ATO.

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Do You Employ Staff?

20/12/2010

Are you up to speed with employment law changes?

With all the changes in employment law in the past 18 months, employing staff can be a minefield.  Ignoring new requirements may mean fines and penalties in the future.  Minimise your employment risk by finding out your responsibilities for the new Parental Leave Act, the Fair Work Act, terminations, correct rates of pay, and more.  For further information, visit http://www.fairwork.gov.au/Pages/default.aspx.

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