Phone: (03) 9563 4688

Email: office@aubreypaton.com.au

Address: 17D Chester Street, Oakleigh VIC 3166

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FBT and Laptop/Portable Computers
Federal Election ? Many Bills Lapse
Fringe Benefits Tax ? Exempt Laptop or Not
FBT and Laptop/Portable Computers
Federal Election ? Many Bills Lapse
The calling of a Federal Election 31st August 2004 means that no changes in law occur until after 9th October 2004.

The Government adopts a caretaker mode until the election result is clear or in the event of a change of government, when a new government is appointed.

Every Bill before parliament lapses and for them to become law, they need to be re-introduced (and passed) by the new government.

Some tax related matters include superannuation contribution splitting with spouses, transitional rules for debt/equity rules consolidation modifications, international tax reform, bankruptcy/family law interaction, family law splitting of annuities GST simplification for small business and non-profit, etc, etc.

Take particular care if intending to rely on a recent tax change ? it may not happen!





28th-September-2004