Small business active assets can help you with CGT concessions For small business owners who are disposing of assets that have risen in value during ...

Contribution splitting If your partner is earning a low income or taking time off work for caring responsibilities, then it’s likely they’re not contributing much ...

The new test allows businesses to access the prior year losses In the first quarter of this calendar year, legislation was passed that will supplement ...

Unused concessional contributions - can they be carried forward? The income year of 2019-20 has just ticked over, which is also the first year in ...

ATO requires some industries and selected government entities to lodge a TPAR Operators in some Australian industries, as well as select government entities, are required ...

Taxpayers, it's time to review superannuation contributions With the end of the financial year fast approaching, it is time for you as a taxpayer to ...

The ATO has set rules to identify risk compliance issues The ATO says it recognises that most trusts are used appropriately and for legitimate purposes. ...

Alternatives to a tax invoice for certain GST credit claims Tax invoices are an essential element of Australia’s taxation system and serve both to collect ...

Company directors have many legal and financial obligations Being a director of a company brings added responsibilities and duties. Company directors need to keep in ...