Small business CGT concession changes will tighten eligibility
The legislation Treasury Laws Amendment (Tax Integrity and Other Measures) Bill 2018 has just recently passed both houses in Canberra, which among other measures also…
The legislation Treasury Laws Amendment (Tax Integrity and Other Measures) Bill 2018 has just recently passed both houses in Canberra, which among other measures also…
A question that surfaces now and then in regard to capital gains is whether the main residence exemption extends to additional land acquired after the…
The CGT relief concessions that are available to small businesses can be very generous. However they can also be complex and confusing, so knowing a…
Motivationally speaking, there’s not much that beats a financial reward. And as it is generally accepted that business owners are the most driven to see…
Payment, or not? The operation of Division 7A Division 7A is part of the Income Tax Assessment Act 1936 and is intended to prevent profits…
The ATO has stated that a trust’s capital gains and franked distributions can, if not prevented by the trust deed, be streamed to beneficiaries for…