Treasury has released a report on the outcomes of the Strategic Assessment of the Consumer Data Right (CDR). The report includes
progress of the CDR, insights from the consultation process and work moving forward. Find a quick summary below.
Get to know our Director Mike Behling. Mike held a position on the DSPANZ Board for 6 years and following a gap year, re-joined the
Board at our AGM. Outside of DSPANZ Mike is the Senior Product Manager & Tax Liaison at MYOB.
Members are invited to provide their input into these submissions, find more information
about each of the above consultations on our website.
Business Activities Included in ABN Updates
Up to four additional business activities and their related Australian and New Zealand Industry Classification (ANZSIC) code can now
be registered to a single Australian Business Number (ABN) when updating details on the Australian Business Register (ABR).
The Bill to amend the Superannuation Guarantee (Administration) Act (SGAA) to remove the $450 threshold before an employee's salary or
wages count towards the Superannuation Guarantee has passed both Houses.
The Taxation Administration Act, Income Tax Assessment Act and Income Tax (Transitional Provisions) Act have also been amended. Once it
has received Royal Assent, the changes will come into effect from 1 July 2022.