Thursday, 18 December 2014
With the surge in residential real estate sales, the ATO has taken a close interest in the expense claims people make concerning their rental properties.
The goods and services tax could be raised to between 15% and 18% if the government takes on board recommendations released yesterday by the OECD.
Monday, 15 December 2014
David Murray’s Financial System Inquiry may call for the removal of superannuation tax breaks but the government’s tax discussion paper is unlikely to advocate similar changes.
Thursday, 11 December 2014
Legislation introduced in Federal Parliament last week provides valuable new exemptions under capital gains tax law for compensation or damages.
Wednesday, 10 December 2014
Small business owners have just days left to declare assets in offshore tax havens as part of a tax amnesty.
Thursday, 4 December 2014
The ATO keeps a keen eye on claims for work-related expenses, so it pays to know just what and how much you can claim.
Monday, 1 December 2014
It’s been months in the making, but Prime Minister Tony Abbott is reportedly putting the finishing touches on his tax reform white paper, ahead of its release next week.
Thursday, 27 November 2014
With the public float of institutions such as the Commonwealth Bank, Telstra, and now Medibank Private, more Australians today hold shares than ever before. However, it’s important to be aware of the tax consequences.
Thursday, 20 November 2014
Crowdfunding sites such as Kickstarter are a great way for growing businesses to raise some much-needed capital. However, there are tax issues you need to be aware of.