Welcome to this month’s issue of our newsletter. Our aim is to keep you informed about current tax and superannuation related matters.
This month we look at:
- How Taxable is that Side Hustle? While extra money is no doubt welcome, it’s important to stay on top of tax issues this sort of activity can throw up.
- The Black Hole of CGT and Trusts: To say that the interaction of the Capital Gains Tax laws and trusts is complicated an understatement!
- What we know so far about Payday Super: The Government has shared more details about its proposed new payday super plan, which will start on 1 July 2026.
- What Tax Receipts do I need to keep? Only the ones you want to claim as a tax deduction, might be a common response.
- Super on Parental Leave Pay is now Law: Starting 1 July 2025, new parents will receive superannuation payments on top of their paid parental leave.
Click here to read the Rose Partners November 2024 Newsletter.
If you would like to discuss anything raised in the newsletter, please contact our Team.