FBT exemption for fly-in/fly-out employees working overseas: law to be amended
The Assistant Treasurer has announced that the FBT law will be amended so that the current FBT exemption for fly-in/fly-out arrangements, which applies for work in Australia, will be extended and applied to Australian workers in similar situations overseas. The new exemption will cover Australian re
Foreign income tax offset and Medicare levy
M Squared & Associates is pleased to confirm that the Australian Tax Office has released details of its administrative treatment regarding recent tax law changes to include the Medicare levy and surcharge in the calculation of the foreign income tax offset limit. The tax la
New website launched
M Squared launches new website Our website has been updated with a fresh new look. Be sure to visit often as we update our site with more information. Don't forget you can follow us on Twitter and join us on Facebook.