The new “consumer” rules for GST and online purchases
Australians have been taking full advantage of the offerings on the digital marketplace with gusto for years now, but it has only been relatively recently…
Australians have been taking full advantage of the offerings on the digital marketplace with gusto for years now, but it has only been relatively recently…
The GST Act contains anti-avoidance provisions that are similar to those available for income tax purposes. The rules (known as Division 165) are designed to…
Among the first batch of tax legislation the government dealt with in the new year was a bill that contained changes to the “same business”…
From 1 July 2019, businesses will only be able to claim deductions for payments that are made to workers (employees or contractors) when the employer has…
Companies are not entitled to a refund of franking tax offsets, however they may be able to convert them to carried forward losses in subsequent…
Click here for a pdf version of this article. The same business test to be replaced by a “similar business” test Among the first batch…
Remember that a fuel tax credit increase has just gone through Fuel tax credit rates are indexed twice a year, in February and August, in…
Every year, the ATO measures its revenue and compares that total against the amount of revenue it should have made were every taxpayer fully compliant.…
The ATO has announced that it is reviewing arrangements where members of an SMSF (typically at, or approaching, retirement age) purport to divert income earned…