Taxing children’s savings accounts: Whose money is it?
Taxing children’s savings accounts: Whose money is it? Back in the 1980s, people could reduce tax by havingtheir money in bank accounts belonging to their…
Taxing children’s savings accounts: Whose money is it? Back in the 1980s, people could reduce tax by havingtheir money in bank accounts belonging to their…
Leaving Australia for work? Beware of your tax residency status Thousands of Australians head offshore each year to expand their horizons and a lucky few…
R&D Tax Incentive claims in focus The Tax Office warns that it is working closely with Aus Industry to identify taxpayers involved in aggressive R&D…
Work-related expenses in the firing line With Tax Time 2015 in full swing, the Tax Office has flagged that it will pay particular attention to…
Cash economy: The ATO has its own idea about your living expenses The ramifications of Australia’s “cash economy” is a pebble in the Tax Office’s…
What is a Tax Office public ruling and how can it help? The Tax Office can issue public rulings that provide guidance on the interpretation…
The Tax Office has revised its guidance on the taxing of profits made by certain professional firms. In particular, it is concerned about the risk…
How to give your SMSF a boost in retirement While providing income for retirement is the obvious purpose of a pension paid from a self-managed…
Not 100% ready to retire? ‘Try before you buy’ with a TTR strategy Under the superannuation rules, there is scope to access some of your…