In terms of the PI Score card, the 350 level has been in force since inception of the Act, will these levels be adjusted at any stage due to inflation effect on turnovers etc?
Not that we know of. The matter has been raised before. We will flag it for input when the opportunities for updating the ACT are made available.
Please note that the information provided does not constitute legal or professional advice, but rather the applicability of existing theory to a given practical situation. Due care is taken to ensure that the information is correct, but it remains subjective and an interpretation of application of information.