Articles
Stage 3 tax cut changes announced
The Prime Minister has announced new tax cuts. FULL TAX CUTS DETAILS The following are changes to the Stage 3 tax cuts: Reduce the 19% tax ...
Two “Main Residences” is Possible
Exception to the Main Residence Rule for Capital Gains Tax Exemption The CGT exemption for a person’s home is only available in respect of one ...
When two bonuses are not enough: introducing the Energy Incentive!
Energy incentive benefits If you’ve been putting off upgrading the inefficient office air-conditioner, a new 20% bonus deduction might just be the incentive you need ...
Qualifying as an interdependent or financial dependant
When dealing with death benefit nominations, a question often gets asked is whether a person will qualify under the interdependency or financial dependency definitions. This ...
Who Is a Resident For Tax Purposes?
A person’s residency for tax purposes can be one of the most difficult issues to determine in Australian tax law. And it is not just ...
Property Developers – And Would Be Ones – Beware!
Federal Court Decision Offers Insight for Property Developers For property developers - or would-be property developers – a recent decision of the Federal Court may ...
Small business skills and training boost
Looking to boost your employees’ skills and your tax deductions at the same time? Then keep reading to see if you could be eligible for ...
How to reduce your income tax bill using superannuation
Did you know you can reduce your income tax by making a large personal tax-deductible contribution from your take-home pay to your super? This strategy ...
Avoid schemes targeting SMSFs
Sometimes promoters of schemes target self-managed super funds (SMSFs). Schemes can include tax avoidance arrangements that inappropriately channel money or assets into your SMSF so ...