Maximizing claims and avoiding audits With the end of the financial year on our doorstep, the ATO has announced its three key focus areas for 2022-23 Tax Time – rental property deductions, work-related expenses, and capital gains tax (CGT). To maximise your claims in this area and protect yourself from ATO audits and adjustments, be […]
ATO’s 2022-23 Tax Guide: Maximizing Your Deductions Read More »
Capital Gains Tax retirement exemption rule in small business concessions Applying the “Retirement Exemption” in the CGT Small Business Concessions can be quite difficult – particularly where a company or trust makes the capital gain and the exemption is sought to be applied for the benefit of individual shareholders in the company or beneficiaries in
CGT Retirement Exemption Where Gain Is Made By A Trust (Explained) Read More »
How CGT concessions can affect your business … The small business capital gains tax concessions are extremely valuable. If you are a small business owner who needs to dispose of assets that have risen in value, then accessing these concessions can greatly reducing your consequent tax liability, even to zero. How to access your CGT
Capital Gains Tax Concessions For Small Business Read More »