Home | Articles | How S.100 changes affect controllers of a discretionary trustWhat is Section 100A? Section 100A (S.100A) functions as an anti-avoidance measure embedded in the framework of the Income Tax Assessment Act 1936. Its purpose is to address situations...
Understanding the Family Tax Benefit (FTB): Eligibility, amounts, and supplemental support
Home | Articles | Understanding the Family Tax Benefit (FTB): Eligibility, amounts, and supplemental supportThe Family Tax Benefit is a two-part government payment that assists families with the costs associated with raising children. The first tax benefit, Part A, is...
Navigating the Super Guarantee Charge: A Comprehensive Guide for Employers
Home | Articles | Navigating the Super Guarantee Charge: A Comprehensive Guide for EmployersUnderstanding and fulfilling your obligations related to the employee's super guarantee is vital as an employer. To avoid any extra fees, such as the administration fee or...
Recent ATO guidelines: Section 100A and Family Trust Distributions
Home | Articles | Recent ATO Guidelines: Section 100A and Family Trust DistributionsWhat is Section 100A (S.100A)?Section 100A, also known as S.100A, of the Income Tax Assessment Act 1936 is an anti-avoidance rule in Australian tax law. This pertains to a...