Small business director jailed following Wickenby investigations
Small business director jailed following Wickenby investigations
James Gerard O’Rourke, 51, was today sentenced to two-and-a-half years jail in the NSW District Court for using a scheme to avoid paying tax on his overseas income.
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AUSTRALIAN SUPERANNUATION INCREASE
A 12 per cent Superannuation Guarantee (SG) – commencing with a 0.25 increase in 2013-14 and 2014-15, followed by 0.5 increments until the SG reaches 12 per cent by 2019-20.
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AUSTRALIAN COMPANY TAX RATE REDUCTION
A phased cut in the company tax rate to 28 per cent will assist the competitiveness of all Australian industries.
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