- Blog ·
The ATO’s Attack on Trusts and Trust Distributions
Late last month, the Australian Taxation Office (ATO) released a package of new guidance material that directly targets how trusts…
Tax Archive
- Tax ·
Professional Services Firm Profits Guidance Finalised
The Australian Taxation Office’s finalised position on the allocation of profits from professional firms starts on 1 July 2022.
- Tax ·
ATO assistance for those with overdue payments and lodgments
A reminder has been released from the Australian Taxation Office to advise that there is help available for those who…
- Tax ·
How Much Can I Claim on My Motor Vehicle?
If you're using your personal car for work purposes, you may eligible to claim the expenses associated to this. Find…
- Tax ·
The ‘Backpacker Tax’ and the High Court
The High Court has ruled that the ‘backpacker tax’ is discriminatory. We look at the impact.
- Tax ·
If Santa was an Australian tax resident
A lighter look at the complexity of Australian taxation laws and the year that has been.
ATO reminder regarding inactive ABNs
The ATO has advised that inactive Australian Business Number’s may soon be automatically cancelled in a current review. Those who…
- Tax ·
The top Christmas tax questions
Every year, we are asked about the tax impact of various Christmas or holiday related gestures. In this article we…
Business and personal expenses should not be mixed
There are certain things in life that blend well and others that absolutely don’t. Personal and business finances are the…
- Tax ·
Overseas gifts and loans in the spotlight
The ATO has recently issued an alert on gifts or loans from overseas. The ATO is particularly concerned about schemes…
- SMSF ·
What happens to your superannuation when you die?
Superannuation is not like other assets as it is held in trust by the trustee of the superannuation fund. When…
- SMSF ·
Divorce, Superannuation and the Gender Divide
New legislation will help prevent superannuation assets from being hidden during divorce proceedings. From 1 April 2022, the Australian Taxation…
