News

Taxation

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Tax planning in 2020 – as important as ever
2 minute read

2020 has given us a bumpy ride so far but surprisingly we are only weeks away from the end of…

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Main Residence Exemption for non-residents – almost gone!
2 minute read

Legislation has recently become law and has taken effect retrospectively from 9 May 2017 that abolishes the Main Residence Exemption…

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Working from home
Working from Home? Find out what you can claim in your next tax return
2 minute read

The Australian Taxation Office (‘ATO’) has announced a temporary simplified short cut method to make it easier for individual taxpayers…

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FBT 2020 – Something old, something new, something forthcoming
3 minute read

Fringe benefits tax (FBT) is a tax employers pay on certain benefits (eg. non-cash benefits) they provide to their employees…

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You can’t hide your tax debts any longer
2 minute read

Recently the Government passed a law which allows the Australian Taxation Office (ATO) to disclose tax debt information to relevant…

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vacant land tax
Tax Changes – Vacant Land Holding Costs
2 minute read

Effective from 1 July 2019 individuals, trusts and SMSF’s will be denied a tax deduction for the costs of holding…

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Tax Returns
Need your tax return done?
1 minute read

Haven’t completed your tax return yet?  Putting it in the too hard basket or just haven’t found the time?  Why…

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The ATO’s hit list of dodgy claims this tax season
3 minute read

The ATO are set to continue their focus on ways to reduce unsubstantiated or ‘dodgy’ claims this tax season.  They…

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Timing for changes to Income Tax Rates
1 minute read

During the 2019-2020 Federal Budget the Government announced changes to Individual Income Tax Rates.  These proposed changes include increasing the…

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tax planning strategies
What does Tax Planning involve and why is it important?
2 minute read

The 2019 financial year will soon draw to a close, meaning it is time you start thinking about your tax…

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