Glossary of Australian tax and accounting practice terms
78 terms an Australian practice meets in BAS, payroll, super, trusts and compliance work. Each definition is short, cites the page of the ATO, the Tax Practitioners Board, AUSTRAC or the legislation it rests on, and links to the related Fedix feature.
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- Salary sacrificing
- Self-managed super fund (SMSF)
- Sharing economy income
- Simpler depreciation (instant asset write-off)
- Single Touch Payroll (STP)
- Small business benchmarks
- Small business CGT concessions
- SMSF annual return
- SMSF audit
- SMSF contributions and rollovers
- Standard Business Reporting (SBR)
- Superannuation guarantee (SG)
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General information, not tax advice. The rules change, so check the linked source page for the current position before you rely on a definition. Sources checked on . Fedix is developed by Tax7 R&D Pty Ltd.