The Australian Tax Office is targeting certain businesses for potential tax audits if they fail to meet their obligations concerning paying …
The Australian Tax Office is targeting certain businesses for potential tax audits if they fail to meet their obligations concerning paying …
There are a myriad of rules surrounding superannuation generally and self-managed super funds (SMSFs) are not immune from them. Strict rules…
The difference between an employee and an independent contractor has been an issue of confusion among SMEs for some time. Of course, the dif…
Legislation has been passed in Federal Parliament that will allow small businesses to change the legal structure of their business and have …
From July 1, 2015 and for tax returns for the current tax year, changes to the tax law have made claiming car expense tax deductions for …
The Australian Tax Office is piloting a scheme to give taxpayers some peace of mind and certainty about their tax returns. This year, the…
Valuations are required for a number of tax reasons. For example, to set a cost base for an asset for capital gains tax purposes, or to esta…
What constitutes the carrying on of a business for tax purposes is an age-old issue that has important consequences. If a business is car…
In May this year, the federal budget confirmed the government would introduce a grossed-up cap of $5000 per year on the FBT concessions f…
Legislation was introduced in Federal Parliament last week – the Tax Laws Amendment (Small Business Measures No 3) Bill 2015 – that p…
These days, the tax and social security systems are inextricably linked. Such is the modern world. No surprise then (or is there!) when g…
