Top Tax Tips – 20 Sept 2017
What is the difference between GIC and SIC? The ATO charges interest on unpaid tax debts and shortfall amounts. A … Continued
What is the difference between GIC and SIC? The ATO charges interest on unpaid tax debts and shortfall amounts. A … Continued
Building & construction businesses to report payments made to contractors by 28 August 2017 Taxpayers operating in the building and … Continued
Blowtorch on deductions in respect of residential investment properties from 1 July 2017 Treasury recently released draft legislation to give … Continued
The Research and Development (R&D) Tax Incentive provides an opportunity for eligible companies to access claims for costs associated with … Continued
The new revenue standard, AASB 15, has the potential to change the way some entities recognise revenue from their customers. In … Continued
Nexia Edwards Marshall has prepared a tax return checklist to assist Individuals with the compilation of information for the preparation … Continued
4% Uplift in PAYG instalments PAYG and GST instalments are calculated by reference to a taxpayer’s most recently lodged income … Continued
What happened? The less than $20,000 instant asset write-off will be extended to 30 June 2018 Small business entity threshold … Continued
Issues that attract the ATO’s attention The ATO warned that family businesses displaying the following types of “red flags” may … Continued
Reduced corporate tax rate and imputation problems For the year ending 30 June 2017, the company tax rate is calculated … Continued