Tax

1 November, 2019

Tax Relief For Drought-Stricken Farmers

[column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] As the ongoing effects of the drought sweeps across the nation, the financial effects are no doubt weighing heavily on the minds of […]
24 September, 2019

ATO Sets Its Sights On Undisclosed Foreign Income

[column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] Do you have any amounts of offshore income you haven’t declared to the ATO – perhaps interest from a foreign bank account? International […]
11 September, 2019

New ATO Power To Disclose Business Tax Debts

[column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] If your business has outstanding tax debts, watch out for a proposed new tool in the ATO’s debt recovery arsenal. New laws before […]
9 September, 2019

Rental Property Deductions: What Can I Claim? Part 2

[column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] Investment property owners should heed the ATO’s warning that it will target mistakes with rental property deductions this tax time – especially with […]
28 August, 2019

GST On Imports: Are You Optimising Your Cashflow?

[column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] Looking for opportunities to improve cashflow? If you import goods as part of your business, you don’t have to pay goods and services […]
23 August, 2019

The ATO’s Top Four Mistakes To Avoid This Tax Time

[column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] It’s tax time, and as with every year the ATO is warning individuals to take care with their returns. But did you know […]
19 August, 2019

Using Prior Tax Losses After A Change In Control: ATO Guidance

[column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] Until recently, a company that had experienced a significant change in ownership or control could only carry forward its earlier tax losses to […]
13 August, 2019

Capital Gains Tax And Death: It’s Not The End Of The World

[column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] There’s nothing as certain as death and taxes, but tax on death is not so clear. Generally, the law says there is no […]
22 July, 2019

ATO Clamping Down On Clothing Deductions

[column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] Taxpayers who claim deductions for work-related clothing and laundry expenses may find themselves under the ATO’s microscope this tax time. Even if your […]
8 July, 2019

Tax Time 2019: Your Payment Summary Is Changing

[column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] Ready for tax time 2019? If you’re an employee, there are a few things you need to know about the ATO’s new “Single […]