Selling your business, and the ‘going concern’ GST exemption
The concept of the “going concern” exemption for GST purposes can still cause confusion when businesses are sold, despite the fact this exemption has been…
The concept of the “going concern” exemption for GST purposes can still cause confusion when businesses are sold, despite the fact this exemption has been…
With Tax Time 2015 in full swing, the Tax Office has flagged that it will pay particular attention to work-related expenses. It says it’s an…
Relief for many small businesses as Single Touch Payroll put on back burner Since the announcement of Single Touch Payroll late in 2014, the government…
Did you know… Is interest on a lump sum compensation payment for personal injury taxable? According to the Tax Office, pre-judgement interest received as part…
They say that the best insurance is the one that you never make a claim on, and it seems that many self-managed superannuation fund (SMSF)…
Many of us look forward to an annual getaway, either to the beach or the bush, as the best way to unwind and re-charge after…
Your $20,000 immediate write-off questions answered In the recent Federal Budget, the government announced a series of measures to assist small businesses, with one of…
When can you claim a deduction for home to work travel? As a general rule, travel from your home to your workplace is not allowed…
Taken stockfor private use? Here’s the values to use for 2014-15 The Tax Office issues guidance every year for business owners on the value it…