Super downsizer scheme common errors
The super downsizer scheme started on 1 July 2018 and has allowed older Australians to sell their homes and contribute up to $300,000 of the proceeds…
The super downsizer scheme started on 1 July 2018 and has allowed older Australians to sell their homes and contribute up to $300,000 of the proceeds…
Not keeping lodgements current or missing reporting deadlines are some of the key indicators to the ATO that a business may no longer be operational.…
Employers know that popping a champagne cork or two to celebrate the festive season lets staff know their efforts are appreciated, but the well-prepared business…
There is a rule in the tax law that allows a business that doesn’t use simplified depreciation to claim an immediate deduction for most business…
For some time now, the ATO’s data matching arm has been collecting bulk records from Australian cryptocurrency designated service providers. It follows a growth in…
Lost or destroyed tax records? Don’t panic Now and then, taxpayers may find themselves in a situation where they simply have no records to back…
Draft guidance directs that capital gains are not to be included in FITO limit A draft taxation determination has been issue by the ATO to…
The latest statistical report from APRA has been released (here’s a link to download it — ), which of course mainly focuses on the APRA-regulated…
Since event-based reporting started for SMSFs from 1 July 2018, the ATO says that for the larger part, SMSF trustees have mostly adjusted to the…