Every year, the ATO announces a number of compliance targets that will be subject to additional scrutiny. It always pays to be aware of these focuses, as non-compliance is, more... read more →
The compliance requirements for SMSFs at end of financial year are extremely stringent, and it is important for trustees to be acutely aware of their responsibilities. Of course, your accountant... read more →
Every small business owner knows the stress that comes with the end of financial year. A lot of valuable time and energy gets poured into getting your paperwork in order... read more →
Effective planning and preparation is critical for all taxpayers as the end of financial year approaches. The good news is that your tax professional is here to support you, so... read more →
Negative gearing is arguably the most generous tax break available to Australian property investors. Whether you’re an established property investor or contemplating purchasing your first investment property, you may care... read more →
Over two million motor vehicle records are set to be examined in an attempt to identify noncompliant taxpayers. Records for the sale, transfer and registration of vehicles valued at over... read more →
There are four CGT concessions that can be applied to the sale of small business assets. These concessions can be extremely effective in reducing your tax liability. It is in... read more →
Effective and reliable record keeping is extremely important for small businesses. Maintaining organised records will help you to meet your tax obligations and will be extremely helpful in the event... read more →
Working out travel and car related tax deductions can be an extremely complicated area of tax compliance. For individuals, car and travel related expenses can be one of the more... read more →
It is an unfortunate fact of business life that sometimes you will not be paid in full for work you have done. When this happens you have incurred a bad... read more →