A new report released earlier this month has found ‘unusual’ tax practices being adopted by various multinationals who are currently providing outsourcing services to the Australian Taxation Office (ATO).
Super…it’s your money (just not yet)
If you’re under 65 and still working you’ve hopefully realised how important it is for you to put away a nest egg for your retirement. With the current population expected to live longer than the previous generation….
Tax scams and how to avoid them
At this time of year, we’ve heard many stories about various ways unscrupulous scammers are trying to steal tax refunds. The scams take many forms and new ones are constantly emerging.
SMSF’s and Crypto Currencies….how difficult can it be?
If you’ve been contemplating investing in a form of crypto currency within your self managed superfund, then we’d suggest you keep reading.
We’ve had a lot of enquiry over the last 6 months about investing in crypto……
ATO (Transfer Balance Account Report) TBAR Reporting Requirements
Do you have over 1.6 million per member in your superfund and are over 65? If so then there are new reporting requirements to the ATO for certain events that happen during the year.
Builders, GST and Sales Contracts
From 1 July 2018 there’s been major changes to the way the ATO collect GST from the sale of new homes. If you’re a home builder who constructs and sells new homes, then these changes will have an impact….
What’s in a name?
Do you operate a business that trades under a business name? If you do and you haven’t registered that name, then the new legislation affects you.
Anyone who operates a business knows how valuable a business name can be. Therefore, it makes sense……
Recent changes in the Realm of Liquidation
There have been some major changes recently that may alter the outcome if a business was to enter voluntary administration.
The first change is the introduction of ‘Safe Harbour’. The idea of the new safe harbour provision is to protect the directors of companies that go into……
Australian Residents for Tax Purposes & the Tax Free-Threshold
Most people who come to Australia for a working holiday or visit are not Australian residents. This includes travellers on 417 or 462 visas (such as backpackers). This is because most backpackers, consistent with their visa requirements, do not intend to stay in Australia, but only intend to have a holiday….
What’s New in the Accounting & Taxation World?
Changes, updates and things to know for September 2018 New Education Requirements for Existing & New Advisers There has been a huge reform in regards to the education requirements of existing and new accountants and financial advisers who provide financial advice. Under the new laws…….
