Cover of Australian Master Tax Guide 2018

Australian Master Tax Guide 2018

C. C. H. , CCH CCH Australia Limited
ISBN
9781925554823
Publisher
Unknown
Published
2018-01-31
Pages
2520
Format
BOOK
Language

Description

Confidently and quickly navigate all areas of tax with the Australian Master Tax Guide. Access authoritative commentary, practical examples, tax planning points, checklists and key tax rates and dates, with ease. This editionin corporates the 2017/18 Federal Budget measures and is up-to-date to 1 Jan 2018.New to this editionHighlights of 2017 tax changesChecklist of tax changes in 2017/18Different types of taxpayers including small businessIncome, capital gainsSuperannuation, termination paymentsDeductions, personal offsetsCapital allowances, incentivesInternational taxTax and BAS agents, TFNs, ABNsOxford University Press Australia & New Zealand is the non-exclusive distributor of this title.

AI Overview

The "Australian Master Tax Guide 2018" by CCH, CCH Australia Limited, is a comprehensive tax reference book that provides authoritative commentary and practical guidance on various aspects of Australian taxation. Here is a detailed overview of the book:

Key Themes

  1. Federal Income Tax: The guide covers all aspects of federal income tax, including capital gains tax, with detailed commentary and practical examples[1][3].
  2. Goods and Services Tax (GST): It includes comprehensive coverage of GST, including its application and implications[1][3].
  3. Fringe Benefits Tax (FBT): The guide provides detailed information on FBT, including its calculation and compliance requirements[1][3].
  4. Fuel Tax Credits: It covers the rules and regulations related to fuel tax credits, which are essential for businesses that use fuel for their operations[1].
  5. Superannuation: The guide includes a detailed overview of superannuation laws, reflecting the numerous changes enacted by the Federal Government up to 1 January 2018[5].
  6. Payroll Tax and Land Tax: It provides a basic overview of state taxes such as duties, payroll tax, and land tax, which are crucial for businesses operating in different states[1].
  7. Tax Return Preparation: The guide includes tax return preparation checklists to help taxpayers ensure they have all necessary information and comply with tax regulations[1].
  8. Tax Rates and Thresholds: It offers a handy guide to tax rates and thresholds, making it easier for taxpayers to understand their obligations[1].

Plot Summary

The book is structured to provide a comprehensive framework for understanding and navigating Australian taxation laws. It includes:

  • Authoritative Commentary: Detailed explanations of tax laws and regulations.
  • Practical Examples: Real-world scenarios to illustrate how tax laws apply.
  • Tax Planning Points: Tips and strategies for tax planning.
  • Checklists: Step-by-step guides for preparing tax returns.
  • Calendar of Key Tax Dates: Important dates related to tax compliance.

Critical Reception

While there is no specific critical reception available for the 2018 edition, the CCH Australian Master Tax Guide is widely regarded as a leading authority on Australian taxation. It is frequently used by tax professionals, accountants, and businesses to ensure compliance with tax laws and to plan their tax strategies effectively.

Edition Specifics

The 2018 edition is consolidated up to 1 January 2018 and includes:

  • 2017/18 Federal Budget Measures: The guide incorporates the changes introduced by the 2017/18 Federal Budget.
  • Superannuation Law Changes: It reflects the extensive changes to superannuation law enacted by the Federal Government.
  • Legislation Annotator and Index: The book includes detailed history notes for all substantive amendments in the last six years, along with a legislation annotator and index[5].

In summary, the "Australian Master Tax Guide 2018" is a comprehensive resource that provides authoritative commentary, practical examples, and essential information for navigating Australian taxation laws. Its detailed coverage and practical guidance make it an indispensable tool for tax professionals and businesses alike.