There are a few important updates for individual tax returns relating to the financial year ended 30 June 2018.

If you have any of the following, we urge you to contact us for more information & assistance:

• Annual vacancy fee;
• Capital Gains Tax (CGT) witholding;
• Cryptocurrency;
• First Home Super Saver Scheme;
• Fringe benefits and adjusted taxable income;
• Personal Income Tax Plan;
• Rental properties (particularly relating to deductions for 2nd hand assets & travel expenses);
• Reportable fringe benefits;
• Spouse superannuation contributions;
• Single Touch Payroll employers;
• The sharing economy;
• FIRB;
• Working holiday makers ("Backpacker tax");
• Deductions for personal superannuation contributions.