By: Steve Burnham
ATO takes aim at serious SMSF non-compliance. Speaking at national superannuation conference in late August, the ATO’s superannuation assistant commissioner Kasey Macfarlane highlighted a number of issues that…
Talking Point: Are We Ready for a Standard Work-related Expenses Deduction?
By: Steve Burnham
Even though tax reform is more than likely on hiatus for the next three years, it is worthwhile to re:visit that Tax & Super Australia made a submission…
Congratulations, You’re a Landlord; Now Get Your Tax Deductions Straight
By: Melissa Browne
If you’re one of the many Australians who purchased a rental property during the 2016 financial year, moved out of their home and rented it out, or are…
How to Avoid the ATO Auditing your Family Trust
By: Max Newnham
Advice for when a business is operated through a family trust and family members work in the business.
When the owners of a business want the flexibility of…
How to Find and Merge All Your Lost Super Accounts in Three Easy Steps
By: Taxpayer
It’s human nature to avoid painful administrative tasks – even when completing those tasks results in clear benefit.
Superannuation is one of those tasks. ATO stats suggest too…
Claiming Mobile Phone, Internet and Home Phone Expenses
By: Steve Burnham
The ATO has issued guidance on making claims for mobile phone use as well as home phone and internet expenses.
It says that if you use any of…
SuperStream Deadline Fast Approaching, Businesses Reminded
BY: JAMES HARKNESS
With just three weeks until small businesses must become SuperStream compliant, the Australian Tax Office (ATO) has urged those yet to implement the new standard to act now.
From 1 July,…
Tax Office Turns Off E-tax and Replaces It With Free, Faster System
By: Anthony Keane
EXCLUSIVE
E-TAX, the free online tax return system used by millions of taxpayers, has been shut down by the Australian Taxation Office.
The ATO will announce next week…
ASIC Fee Indexation
In line with an increase in the Consumer Price Index (CPI) for the March quarter, we increase our fees each year from 1 July. All fees we charge are subject to…
What the 2016 Federal Budget Tax Changes Mean for your Small Business
By: Campbell King
The 2016 federal budget builds on the favourable tax cuts for small businesses in last year’s budget and confirms a number of measures announced in the government’s innovation statement…
