Articles
FBT Tips for Christmas
Plan your tax for the holiday season too Employers know that popping a champagne cork or two to celebrate the festive season lets staff know ...
Lodging Your Australian Tax Return From Overseas
Australian tax return and “worldwide” income Most people’s “to-do” list when they are planning a trip overseas will likely include items such as travel insurance, ...
Property Development And Tax Obligations
The ATO keeps an eye on property developers The ATO seems to be always looking over the shoulder of property developers to make sure they ...
CGT On Inherited Properties (What You Need To Know)
No CGT applies when properties are distributed to beneficiaries Inheriting a home or a legal interest in one could be the largest windfall gain that ...
TOP 10 Tips To Avoid Common Tax Mistakes For Rental Property Owners
Best tips to avoid tax stumbles The ATO is reminding rental property owners that each year it sees some fairly common mistakes being made with ...
SMSF Sector Continues To Grow (As Shown In Recent Statistical Report)
APRA releases the latest statistical report for SMSF growth The latest statistical report from APRA has been released (here’s a link to download it — https://bit.ly/2kIH9Oz), ...
ATO Follows Up Employers On Their SG Contribution Payments
ATO’s new STP can follow up late SG payments The ATO’s Deputy Commissioner, Superannuation and Employer Obligations, James O’Halloran, has announced in a speech to ...
Facts And Fictions About Work Expense Claims
Tax claim misconceptions Tax claim misconceptions Myths about tax deductions come from varied sources - pub-talk, BBQ-banter, hairdresser-homilies, what-your-taxi-driver-just-heard and many others. In this article, ...
Sole Purpose Test On SMSF [Overview]
SMSF must meet the ‘sole purpose test’ to avoid penalties When commencing any self-managed superannuation fund (SMSF), there is one over-riding expectation that newly trustees ...