Top Tax Tips – 15 Nov 2017
Don’t claim a tax deduction twice for the same rental deductions Taxpayers can claim a tax deduction for expenses incurred … Continued
News
Your SMSF health check – what happens when a member dies?
The latest changes to the superannuation system – which took effect on 1 July 2017 – and their effects on self-managed … Continued
Preparing for 31 December Reporting
Accounting standard changes The good news is that only a handful of amended accounting standards will be applicable for the first … Continued
Are you operating a small or medium sized business?
What happened? Australia essentially has a two-tier tax system – one certain set of tax rules exists for “big” businesses, and … Continued
Top Tax Tips – 8 Nov 2017
Single touch payroll compulsory from 1 July 2018 if you have 20 or more employees The Single Touch Payroll (STP) … Continued
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
Top Tax Tips – 9 August
Building & construction businesses to report payments made to contractors by 28 August 2017 Taxpayers operating in the building and … Continued
Top Tax Tips – 19 July
Blowtorch on deductions in respect of residential investment properties from 1 July 2017 Treasury recently released draft legislation to give … Continued
R&D Tax Incentives
The Research and Development (R&D) Tax Incentive provides an opportunity for eligible companies to access claims for costs associated with … Continued
Applying AASB 15 Revenue
The new revenue standard, AASB 15, has the potential to change the way some entities recognise revenue from their customers. In … Continued