The Tax Office is actively targeting SMSF trustees over a range of super breaches. Home ownership is still the great Australian dream for many people. Australia’s
Potentially dodgy tax schemes are being promoted online and offered to people when they least expect it. Individuals and businesses need to be wary of
When to declare investment income You must declare income you earn from investments and assets in your tax return. Investment income may include amounts from
Preparing for the Fringe Benefits Tax (FBT) year-end is never a walk in the park and, with the ATO now using increasingly sophisticated data matching
Which records to keep for your property so you can work out CGT when you sell it. Property records you should keep For your property,
Cutting costs is arguably the quickest and easiest way to improve the profitability of your business. Introducing a cost-control system can bring immediate savings and
Holidays and gift giving can leave you a little short of cash so it might be cheering to learn that billions of dollars is being
Incorrectly charged GST Excess GST is when you incorrectly treat something as taxable and include GST for it in your business activity statement (BAS). This
If you are considering disposing of a property, it’s important to understand the implications so that there are no surprises when your tax bill arrives.
It sounds like an odd question to ask in February, but did the start of the financial year sneak up on you? Join the club!
New year, new rules: ATO’s 2025 focus areas for small businesses The Australian Taxation Office has kicked off 2025 by announcing its major areas of
Although the day may be a long way off, when it comes to exiting your business, the golden rule is to start planning early. With
Liability Limited by a scheme approved under professional standards legislation.
This website may contain general financial and taxation advice, so please don’t overstate its importance. Common sense suggests that if you want to rely on what someone says or writes, you should obtain personal advice. In doing this, you should make your personal situation clear to your adviser and ensure they are aware you are going to take action based on the advice they provide. Of course, you should expect to pay for such advice. OK? Great, enjoy our website. Please call us on 02 9436 2301 if you would like to talk to a licensed accountant.