Tax Time 2020: Individuals
With the end of the financial year fast approaching, tax time is once again upon us. This year, howe [...]
June 2020
Additional Cash Flow Boost Coming your Way
If your business is one of many that received the initial cash flow boosts as a part of the governme [...]
Do you use AirBnB, Home Away or other House Sharing Services to earn Income? Tax Implications may apply!
Renting out your idle resources helps you generate some extra passive income and adds to your worth. [...]
Non-Arm’s Length Expenditure and SMSFs: Compliance
The ATO has recently released a guideline which provides a transitional compliance approach for comp [...]
Reportable Tax Position Schedule Expansion
Large private companies will soon have to deal with an added compliance burden, the Reportable Tax P [...]
Do you Earn Income through Ride Sharing Apps like Uber or Ola? Find Out your Tax Obligations!
Leasing out cars on ridesharing apps is a great business avenue these days. There are various such p [...]
Closing the Tax Gap: High Wealth Private Groups
In Australia, there are approximately 5,000 high wealth private groups encompassing 9,000 individual [...]
Don’t Forget the Instant Asset Write-Off
With businesses all around the country starting back up after the COVID-19 pandemic, many, including [...]
May 2020
ATO Scam Calls May be a Thing of the Past
Receiving scam calls purportedly from the ATO and other official departments may be a thing of the p [...]
Government Contracts and the STR
With the Federal government planning to ramp up infrastructure spending to get the economy going wit [...]