• One-off Bonuses — Two Bills introduced by the Government to implement the one-off bonuses announced in the Nation Building and Jobs Plan. More.

• Tax Concessions for Businesses — Proposed amendments to the temporary investment allowance, which was announced in December 2008. More.

• Early Access to Superannuation — An Alert issued by the Tax Office warning people of arrangements offering early access to their superannuation benefits. More.

• Decisions by the AAT — Three separate AAT decisions have been made concerning main residence exemptions, the deferral of HELP repayments and the assessability of lump-sum payments.

• Keep Your Receipts — Two media releases issued reminding parents to keep their receipts for the Education Tax Refund. More.

• Tax Refund Scam — The Tax Office have advised taxpayers of two e-mail scams purporting to offer a tax refund. More.

In addition, with the FBT season upon us, you will find an updated FBT Return Action Checklist to help your with this year’s fringe benefits tax return.

Please contact us if you wish to discuss how the points raised in Client Alert specifically affect you.