Federal Budget Summary

Federal Budget Summary

2015-2016 Federal Budget – how does the Budget affect you? Small business is a sector that came out a clear winner from the 2015-16 federal budget delivered by the Treasurer Joe Hockey. Tax cuts for small business companies and unincorporated entities The government...
Employee Or Contractor?

Employee Or Contractor?

Knowing the difference is important to the ATO and therefore to you! The Australian Tax Office reveals several myths and assumptions, which I’ll share with you in a moment, mistakenly applied by both workers and employers when trying to identify the tax status...
Property Developers Warned On Contrived Structures

Property Developers Warned On Contrived Structures

ATO warns property developers not to muddy the income /capital divide  The Tax Office has warned property developers against using trusts to return the proceeds from projects as capital gains instead of income. Profits from property developments that have been treated...