Commutation requests and ATO reviews: What you need to know before June 30
In a recently released practical compliance guideline, the ATO sets out its administration approach in relation to super fund commutation requests. It is an essential…
In a recently released practical compliance guideline, the ATO sets out its administration approach in relation to super fund commutation requests. It is an essential…
Transitional CGT relief is temporary relief available to all complying super funds, not just SMSFs, for certain CGT assets that would otherwise give rise to…
You generally make a tax loss when the total deductions that can be claimed for a financial year exceed the total of assessable and net…
The general rule is that you can claim deductions for expenses your business incurs in its task of generating assessable income. Many of these deductions…
It is a fairly well-established and welcome act for an aunt or uncle or of course a parent to start a savings account for a…
Click here for a pdf version of the article End-of-year tax planning tips for business The general rule is that you can claim deductions for…
Land owned before CGT, but can a recent house built on it be CGT-free? Naturally, a taxpayer will assume that when they build a house,…
Click here for a pdf version of the article The budget announcements contain a suite of tax and superannuation measures aimed at increasing housing stock…
Parliament has passed most of the business tax relief package announced in the last Federal Budget, but with some amendments. The legislation brings into effect…