Changes from 1st July 2012

From the 1st of July 2012 changes are being applied to the following rates.

 

Changes from 1st July 2012Fuel tax credits

Changes apply to liquid fuels, gaseous fuels, some blended liquid fuels and the introduction of a carbon charge.

For more information on these changes please click here.

 

Changes from 1st July 2012Medicare Levy Surcharge

Higher levies will apply to people with higher incomes and those who do not have hospital cover.  For more information on these changes and how they affect you please click here.

QuickBooks 2012/13 Tax Update Service Pack

This Service Pack addresses the following:
Changes from 1st July 2012

        • Removal of flood levy;
        • PAYG Tax Tables for 2012/13 financial year;
        • Taxable payments report for the Building & Construction industry;
        • Changes to Employment Termination Payments;
        • Print dates of super payments on pay slips and
        • Revised leave loading taxation arrangements.

Full details of the changes can be downloaded here