Medicare Levy Low Income Thresholds For 2015/16

For 2015/16, the Medicare Levy low income thresholds will be as follows:

Click HERE to download the full edition of The Business Accelerator Magazine for June 2016

Other articles in this edition:

• 2016 Federal Budget Highlights
• Personal Taxation
• Reductions In Corporate Tax Rate
• Access To Small Business Tax Concessions
• Increasing The Small Business Income Tax Offset (SBITO)
• Superannuation Changes
• Applying GST To Low Value Imported Goods
• Amendments To Division 7A
• Youth Employment Package - Bonuses For Hiring Young People & Interns
• SuperStream Deadline - 30th June
• Claiming Work Related Travel Expenses
• What Are The Acres Of Diamonds In Your Business?
• Starting A Business - Do The Numbers Stack Up?

IMPORTANT DISCLAIMER:This newsletter is issued as a guide to clients and for their private information. This newsletter does not constitute advice. Clients should not act solely on the basis of the material contained in this newsletter. Items herein are general comments only and do not convey advice per se. Also changes in legislation may occur quickly. We therefore recommend that our formal advice be sought before acting in any of these areas.