Access your income statement
You will receive either an income statement via myGov or a payment summary from your employer depending on how
There are changes to super and BAS reporting and tax concessions that you should know about:
- Super – Do you have an SMSF or are you planning to retire? From 1 July 2017 there are changes to superannuation
- Less reporting – From 1 July 2017 small businesses with a turnover of less than $10 million GST will have less GST information to report on their BAS
- Tax concessions for business – From 1 July 2016, if your turnover is less than $10 million you have access to a range of small business tax concessions – such as the 27.5% company tax rate
Source: https://www.ato.gov.au/Business/Privately-owned-and-wealthy-groups/Recent-developments/
