A commonly forgotten tax deduction
One generally forgotten tax deduction is for subscription or membership fees, which affects many of us as professionals, business or trades people will be members…
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Read MoreA commonly forgotten tax deduction
What you need to know about the beefed-up director penalty regime
Being a director of a company, as with any elevation of status, is a role that also brings with it added responsibilities and duties. Company…
Client Newsletter – May 2019
Click here for a pdf version of this article. Alternatives to a tax invoice for certain GST credit claims Tax invoices are an essential element…
Regulatory Roundup – May 2019
When are digital products ‘connected with Australia’ for GST purposes? With the purchase of digital products such as the streaming or downloading of movies, apps,…
To avoid disputes, with the birth of every SMSF it pays to think about death
When commencing any self managed superannuation fund (SMSF), there is one over-riding expectation that newby trustees should come back to again and again — that…
Single touch payroll rollout for smaller employers
A major change in the way employers report the tax and super information for their employees to the ATO has been on the way for…
The tax deductions available for interest, dividends and other investment income
The tax rules allow investing taxpayers to claim some deductions related to some of the expenses and costs that are generated when earning interest, receiving…
Staff training costs deductible, but beware FBT
One of the recognised keys to business success is having knowledgeable, efficient and well-trained staff. But it is not always possible (or is indeed rare)…
The approach to tax when you’re working from home
If you produce assessable income at home, or some of it, and you incur expenses from using that home as your “office” or “workshop”, the…