Simplified depreciation and the small business pool
The simplified depreciation rules are attractive for small businesses as they allow an immediate write-off for assets costing less than $20,000. In contrast, tax paying…
The simplified depreciation rules are attractive for small businesses as they allow an immediate write-off for assets costing less than $20,000. In contrast, tax paying…
If a business racks up an interest bill from borrowing funds to pay for the expenses of running the business, or to acquire other income-producing…
A recent court decision, and subsequent appeal, has ramifications for taxpayers with disabilities, and who are in need of a personal carer. The decision centres…
The recent cut to the tax rate for incorporated businesses that turnover less than $50 million a year, while generally welcomed, can bring with it…
Given the state of the property market in Australia these days, a not-uncommon situation can arise where a residential property owner seeks to demolish and…
The CGT implications of subdividing and building on the family property Given the state of the property market in Australia these days, a not-uncommon situation…
More super reform changes being made on the fly Further rumoured amendments to the superannuation reforms taking effect on July 1, 2017, only roughly two…
Recent superannuation reforms introduced a concept of “total superannuation balance”, which on the surface may give the simple impression that it is the sum of…
The ATO frequently re-focuses its attention on claims that investment property owners make for repairs to rental residences that it deems to in fact be…