Spittal & Associates

December 2024

Monthly Tax Update - December 2024

1ST DEC 2024

This month’s edition of the monthly tax update includes information on Can staff celebrations attract FBT?, Reminder of December 2024 Quarter Superannuation Guarantee ('SG'), ATO's tips for small businesses to 'get it right', SMSFs cannot be used for Christmas presents! Taxpayer's claims for various 'home business' expenses rejected ATO reminder about family trust elections. Please contact us if you wish to discuss how the points raised in this month’s monthly tax update specifically affect you.