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ATO Latest News ... |
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On 25 November 2011, the government announced it would defer the start date of the savings discount measure to 2013-14 income year.
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Draft minutes of Personal Tax Advisory Group meeting held on 3 November 2011.
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A tax-exempt body entertainment fringe benefit may arise if an employer is wholly or partially exempt from income tax and provides an employee with entertainment by way of food, drink or recreation - including associated accommodation or travel provided.
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The government has announced further reductions to the co-contributions scheme for personal contributions made from 1 July 2012.
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