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Certified Practising Accountant |
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Liability limited by a scheme approved under Professional Standards Legislation.
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What’s New in 2012 | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sept | Oct | Nov | Dec | If you want to see earlier news items please use the following links: 2011 2010 2009 2008 2007 2006 2005 Note: News items include proposed legislative changes which generally take effect at a later date. Deferral of abolition of stamp duty The Queensland State Government, as part of its Interim Budget for 2012, has again deferred its plan to abolish transfer duty on Queensland, non-real estate, business assets. Business assets include goodwill, trade debtors and plant and equipment. Originally transfer duty on business assets was scheduled to be abolished gradually with a 50% reduction on 1 July 2010 and the remaining 50% on 1 July 2011. This was subsequently delayed until 1 July 2012, then 1 July 2013. The government has not committed to a date with this latest deferral and announced that it is “until the budget can accommodate the abolition”. Deterioration of key revenue sources has been given as a reason for this deferral. For more details please refer to State Budget 2011-12 Mid Year Fiscal and Economic Review released in January 2012. If you would like further information regarding these new measures please contact Rose Cotter at Cotter Accountancy. |
Principal - Rose Cotter
Click here to find out what's new in news for you, your business or your superannuation fund.
Tax Lodgement and Payment Dates Click here to find out what are the important dates. |
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Copyright 2006-2011. This website is maintained and updated by Cotter Accountancy P/L. If you have any enquiries or questions about this website contact the webmaster. |
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