Will new LRBA rules stymie your SMSF contribution plans?
An “integrity” measure, which aimed to stop SMSF trustees from manipulating their total superannuation balance in order to keep below the $1.6 million threshold, may…
Articles
Read MoreWill new LRBA rules stymie your SMSF contribution plans?
Self-employed? You could claim a deduction for saving for your retirement
A recent change to the rules around superannuation means that more Australians may be eligible to claim a tax deduction for putting money into super.…
Deductions for vacant land to be wound back
The government has already announced, as part of the 2018-19 federal budget in May, that it will decrease the scope of allowable deductions for expenses…
Shares and tax: A stockmarket investment primer
Investing in the stockmarket is a lot more common than it was years ago, with ordinary Australians having experience with shares and the stockmarket either…
Have you had a change in creditable purpose for GST reporting purposes?
Sometimes your business may end up using an asset you purchased, such as a property for example, in a way that is different to what…
Apportioning GST annually for business and private purchases
The general case regarding GST credits is that business owners can claim input tax credits relating to eligible business expenses when you lodge your business…
Can claims be made for home office expenses when it’s located overseas?
A question was asked of the ATO recently, via its “ATO Community” webpage that centred on the eligibility of a taxpayer to make deduction claims…
Client Newsletter – September 2018
Click here for a pdf version of this article Self-employed? You could claim a deduction for saving for your retirement A recent change to the…
Regulatory Roundup – September 2018
Could trust splitting soon result in increased tax obligations? A draft taxation determination released recently has triggered some alarm among trustees that certain previously benign…