• In business it is sometimes difficult to find the time to keep abreast of the multitude of changes. CIB can provide some assistance with regular newsletters that summarise relevant and important updates and changes.
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  • CIB Newsletters will be forwarded to you automatically upon their release.
  • EDUCATION TAX REFUND REMINDER

    Families who are eligible to receive Family Tax Benefit Part A are reminded that they are also able to take advantage of the ‘education tax refund’ for back-to-school expenses incurred. Parents ar..
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  • STUDYING EXPENSES FOR FULL-TIME STUDENTS

    Following from a decision in the High Court in November 2010 full-time students in receipt of Youth Allowance may be able to claim an income tax deduction for study expenses. The ATO will amend the ta..
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  • INCREASED FIRST HOME OWNER GRANT CAP

    From 1 January 2011 the $7,000 First Home Owner Grant cap was increased to $835,000 from the previous $750,000 cap. Any applicant who purchases or builds a property in NSW with a value of greater than..
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  • LAUNCH OF STRONGER SUPER WEBSITE

    The Treasury Department has launched the Stronger Super website which will provide details of the government’s response to superannuation recommendations as per the Cooper Review. Through the new St..
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  • TAX BREAKS ON GREEN BUILDINGS

    The government has released a public consultation paper for the proposed Tax Breaks for Green Buildings Scheme. Under the proposed scheme, from 1 July 2011 businesses that make investments in eligible..
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  • FRINGE BENEFITS TAX

    March 31 marks the end of another Fringe Benefits Tax (FBT) year. Now is the time to ensure that you take advantage of last minute tax planning opportunities. Avoid the heat of the ATO audit blowtorch..
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  • DELAYS TO NEW R&D TAX SCHEME

    Prior to the 2010 federal election the government announced changes to the treatment of Research & Development expenses for taxation purposes. These changes propose to give small to medium enterpr..
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