Client newsletter – August 2016
Gumboots? check, Akubra? check, tax status?…. Hobby farming is a lifestyle choice that has been around for years and looks like an option that, if…
Gumboots? check, Akubra? check, tax status?…. Hobby farming is a lifestyle choice that has been around for years and looks like an option that, if…
I’m a volunteer. Any taxing issues? From sporting clubs or environmental groups to many charity associations, volunteers are an indispensible workforce and support network for…
5 smart things to do with your tax refund For many people, their tax refund is treated like a mini lottery win. This tax time,…
New areas and items covered by Tax Time 2016 pre-filling service The ATO advices that use of the pre-filling service will ensure that information provided…
Work-related deductions: What’s on the taxman’s radar? The ATO says that this year it will be paying extra attention to people whose deduction claims are…
SMSF trustees: Non-arm’s length LRBA grace period extended The ATO had previously held that limited recourse borrowing arrangements (LRBAs) which are not maintained on arm’s…
Wrapping a car into a salary package is a very popular choice, and doing so as part of a salary sacrifice arrangement often raises the…
Many investment property owners may be missing out on valuable property depreciation entitlements, simply by not being up-to-speed on what is and is not depreciable.…
Purchasers to become tax collectors on real estate post-1 July New withholding rules on the sale of property by foreign residents have been introduced –…