The Australian Tax Office has revealed a 21% spike in the level of outstanding tax debt, and has flagged that collecting on tax debts will b…
The Australian Tax Office has revealed a 21% spike in the level of outstanding tax debt, and has flagged that collecting on tax debts will b…
Victorian premier John Brumby has announced his government will cut payroll tax by 0.05% if it wins the upcoming election, in a move that br…
The rapid growth in self-managed super funds (SMSFs) probably acknowledges that many business people (and others) want to control their own …
The GST law contains provisions that allow second-hand dealers to effectively claim input tax credits in respect of second-hand goods they a…
Federal Innovation Minster Kim Carr’s controversial R&D tax credit scheme is scheduled to go back before the lower house of Parliament t…
Tax Commissioner Michael D’Ascenzo has given his in-principle agreement for a test case to decide whether the ATO’s controversial crackdown …
Just days after the Australian Taxation Office soften its stance on its crackdown on 200,000 trusts that use corporate beneficiaries, a lead…
The Australian Taxation Office has extended something of an olive branch to the thousands of entrepreneurs who operate trusts with corporate…
A rather basic tax question one might think. Basic, yes, but not always clearly understood by business owners. So, here is a brief run-down …
Property transactions can have all sorts of tax implications. There’s capital gains tax, straight income tax and GST issues to consider as w…
Accountants and SMEs are disappointed by the less-than-stellar performance of the Governments’ new Standard Business Reporting scheme, with …
The ATO has warned taxpayers to make sure they correctly report property transactions (including transfers, sales and purchases) on income t…
