w wen and co accountants

The State Of The SMSF Market

SMSF stats just keep getting better Recently the ATO released the latest update on the state of the SMSF market. The report covered the quarter to March this year. Many people have been anticipating the latest Self Managed Super Fund statistics as it usually contains some good news. The quarterly SMSF update The statistical report …

The State Of The SMSF Market Read More »

Streaming Trust Capital Gains And Franked Distributions

This information is for trustees and beneficiaries of trusts that make capital gains or received franked distributions. Trust Capital Gains A recent statement from ATO declares: If not prevented by the trust deed, you can stream a trust’s capital gains and franked distributions to beneficiaries for tax purposes by making these beneficiaries “specifically entitled” (more …

Streaming Trust Capital Gains And Franked Distributions Read More »

Tips For Claiming For Gumtree Or Facebook Group Sourced Assets

Business expense deduction claims A recent case before the Administrative Appeals Tribunal (AAT) shed light on a growing phenomenon that you should keep in mind for work-related or business expense deduction claims. This case involved a business purchase on Gumtree. Case study of an engineer who purchased business related tools on Gumtree The case involved …

Tips For Claiming For Gumtree Or Facebook Group Sourced Assets Read More »

Scroll to Top
Call Now Button