Selling your home and CGT
October 17, 2017 11:41 pm Leave your thoughtsWhen it comes time to sell your home, you may be wondering if you will need to pay capital gains... View Article
Categories for Tax
Protecting honest businesses
October 12, 2017 10:41 pm Leave your thoughtsIn its effort to facilitate a fair business environment, the ATO has offered continued support for honest businesses. With an... View Article
Reporting SMSF changes
October 4, 2017 10:42 pm Leave your thoughtsSelf-managed super fund trustees must notify the Australian Tax Office (ATO) if there are changes to their SMSF. Trustees must... View Article
Imported services and GST
September 27, 2017 12:52 am Leave your thoughtsUnder the new law introduced on 1 July 2017, Australian GST registered businesses that import services or digital products for... View Article
Ride sourcing – Claiming car expenses
September 20, 2017 2:20 am Leave your thoughtsThose who participate in ride-sourcing (i.e., Uber, GoCatch) as a driver can access a number of tax deductions come tax... View Article
Sharing economy and tax
September 13, 2017 11:10 pm Leave your thoughtsThe ATO is reminding those who work in the sharing economy to be aware of their tax obligations. The sharing... View Article
Single Touch Payroll for streamlined reporting
September 6, 2017 11:07 pm Leave your thoughtsFrom 1 July 2018, employers with 20 or more employees will report payments to the Australian Taxation Office at the... View Article
Claiming the small business income tax offset
August 29, 2017 10:46 pm Leave your thoughtsThe small business income tax offset can help reduce the tax small businesses pay on business income by up to... View Article
Have you received personal services income?
August 23, 2017 1:09 am Leave your thoughtsPersonal services income (PSI) is income mainly produced from your personal skills or efforts. There are special tax rules that... View Article
Tax penalty remissions
August 16, 2017 12:46 am Leave your thoughtsThe Australian Taxation Office distributes penalties to ensure individuals are not making misleading or false statements regarding income, business and... View Article