Income averaging – February 2015
Income averaging: Who is eligible, how it works Australian tax legislation recognises that certain taxpayers, due to the nature of their work, can make inconsistent…
Income averaging: Who is eligible, how it works Australian tax legislation recognises that certain taxpayers, due to the nature of their work, can make inconsistent…
Negative gearing – how it works and pros and cons Taking out a loan to raise money for an investment is a well-used tactic for…
What does a higher FBT mean for your business? Small business owners should write in their diaries that from April 1, 2015, the rate of…
What does a higher FBT mean for your business? Small business owners should write in their diaries that from April 1, 2015, the rate of…
Regulatory Roundup – December 2014 PayPal chases small business finance market PayPal has launched its “Working Capital” loan product, which allows small businesses to access…
Your holiday house and family arrangements The Tax Office has formed views about disclosing income and claiming deductions where non-economic rental arrangements — that is,…
Christmas party FBT checklist for business (1) An exemption for food and drink provided to employees (not associates) on a working day (only if actual…
Small business owners should write in their diaries that from April 1, 2015, the rate of fringe benefits tax (FBT) will increase from 47% to…
Did you know… Some the strangest taxes on record Throughout history tax has been used to raise revenue, bring about social change, and strengthen governments.…