General News

Taxpayers may consider crystallising any unrealised capital gains and losses to improve their overall tax [...]

From 2015–2016, the tax rate applicable to small business entities that are companies is 28.5% [...]

Taxpayers should review trust deeds to determine how trust income is defined. This may have [...]

Companies should ensure that all dividends paid to shareholders during the relevant franking period (generally [...]

Business taxpayers Taxpayers should review all outstanding debts before year-end to identify any debtors who [...]

Income received in advance of services being provided is generally not assessable until the services [...]

There are many ways in which entities can defer income, maximise deductions and take advantage [...]

The Government has recently amended the tax law concerning the capital gains tax (CGT) treatment [...]

The Government has made changes to the tax law to provide tax relief for small [...]

The Administrative Appeals Tribunal (AAT) has found that a taxpayer (a childcare worker) was not [...]