Top Tax Tips – 31 Jan 2018
Don’t cut corners when making binding death benefit nominations On the death of a person, the balance of that person’s … Continued
Don’t cut corners when making binding death benefit nominations On the death of a person, the balance of that person’s … Continued
With 2017 drawing to a close, employers should be aware of the tax consequences of hosting Christmas parties for their … Continued
Don’t claim a tax deduction twice for the same rental deductions Taxpayers can claim a tax deduction for expenses incurred … Continued
The latest changes to the superannuation system – which took effect on 1 July 2017 – and their effects on self-managed … Continued
Accounting standard changes The good news is that only a handful of amended accounting standards will be applicable for the first … Continued
What happened? Australia essentially has a two-tier tax system – one certain set of tax rules exists for “big” businesses, and … Continued
Single touch payroll compulsory from 1 July 2018 if you have 20 or more employees The Single Touch Payroll (STP) … 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