Non-deductible threshold removed for self education expenses
Self education expenses are generally tax-deductible for individuals if there’s a sufficient connection with your [...]
Tax News and Updates September 2022
FBT exemption on electric cars The Government has introduced the Treasury Laws Amendment (Electric Car [...]
Thinking of ditching your SMSF?
Are you having doubts about using your self managed superannuation fund (SMSF) for your retirement? [...]
SMSF COVID-19 relief measures have now ceased
The ATO has reminded trustees of self managed superannuation funds (SMSFs) that COVID-19 relief measures [...]
Tax time focus on rental properties
Rental property income and deduction mistakes continue to be one of the main focus areas [...]
TPAR due soon: is your business ready?
The taxable payments annual report (TPAR) must be lodged every year by businesses that have [...]
Beware of payment redirection scams
The Australian Securities and Investment Commission (ASIC) has warned small and micro businesses to be [...]
SMSF TBAR to be streamlined
In good news for trustees of self managed superannuation funds (SMSFs) and after much community [...]
Current compliance issues in the SMSF space
The self managed superannuation fund (SMSF) space has always been a complex area for trustees, [...]
Is this the end for stamp duty in New South Wales?
In the NSW Budget handed down on 21 June 2022, the State Government announced plans [...]