NEWS

9 March, 2022

Natural Love And Affection: Commercial Debt Forgiveness

The ATO has recently finalised its stance on the issue of commercial debt forgiveness, in particular the natural love and affection exclusion. A commercial debt is any debt where interest […]
7 March, 2022

SMSFs Investing In Crypto-Assets

Current record low deposit rates and volatility in stock markets around the world has motivated many retirees to seek alternative asset classes to either protect their investments or get a […]
1 March, 2022

Last Chance To Claim The Loss Carry Back

Eligible businesses will have one last chance in their 2021-22 tax return to claim the loss carry back, which provides a refundable tax offset to reduce tax liabilities. Those businesses […]
25 February, 2022

More Powers For The ATO?

The ATO may soon be getting more powers under a consultation paper on electronic surveillance released by the Department of Home Affairs. Among other things, the paper proposes to grant […]
23 February, 2022

More COVID Support For Businesses: NSW, SA, VIC

With most of the Commonwealth COVID-19 support for businesses and individuals winding down despite the omicron wave decimating both summer plans and potential earnings, the State governments has had to […]
21 February, 2022

Need More Money In Retirement?

If you’re a retiree and the current rise in cost of living and inflationary pressures are starting to bite, don’t turn to high interest loans, if you meet certain eligibility […]
16 February, 2022

Tax Debts May Affect Business Credit Score

If your business has had issues paying your tax debt due to the ongoing effects and uncertainty surrounding the COVID-19 pandemic, remember that the best option is to engage with […]
14 February, 2022

COVID-19 Vaccination Rewards: Tax Implications

With most of Australia and the world still in the grips of the COVID-19 pandemic, many businesses, both public and private, are offering rewards and incentives for their employees to […]
9 February, 2022

IP Insurance In Super: Beware Of Offsets

Insurance within super is usually the most cost effective way for an individual to cover themselves in the event of a mishap. Most super funds typically offer three types of […]
31 January, 2022

Are Cryptocurrency Losses From Scams Deductible?

With the recent collapse of a second Australian cryptocurrency exchange in as many months, along with persistent reports of a range of sophisticated cryptocurrency scams targeting Australians, many cryptocurrency owners […]