Queensland scraps new land tax changes
Queensland backs down on Australia wide land tax assessment The Queensland Government has backed away from an amendment that would have seen the
Stage-three tax cuts: what are they, how do they work and why do they exist?
In September, amid a climate of startling interest rates, UK Chancellor Kwasi Kwarteng announced a series of tax cuts, including the reduction of
Our top 4 Christmas tax questions
Every year, we are asked about the tax impact of various Christmas or holiday related gestures. Here are our 4 top issues: Staff
Can I claim my crypto losses?
The ATO has released updated information on claiming cryptocurrency losses and gains in your tax return. The first point to understand is that
How to sell your business
We’re often asked the best way to sell a business. There are two key components at play in the sale of a business:
Tax and the Family Home
Everyone knows you don’t pay tax on your family home when you sell it…right? We take a closer look at the main residence
Spend $100 and get a $120 tax deduction
It’s a great headline isn’t it? Spend $100 and get a $120 tax deduction. Days after the Federal Budget announcement that businesses will
Where are you making mistakes in your tax?
The ATO has flagged four priority areas this tax season where people are making mistakes. With tax season almost upon us the Australian
What tax changes are taking effect on 1 July 2022?
A series of reforms and changes will commence on 1 July 2022. Here’s what is coming up: For business Superannuation guarantee increase to
The new Lifetime Director IDs
Directors will be required to register for a unique identification number that they will keep for life, much like a tax file number
Are your contractors really employees?
Landmark cases before the High Court highlight the problem of identifying whether a worker is an independent contractor or employee for tax and
6 member SMSFs – The issues and opportunities
From 1 July 2021, the maximum number of members a Self Managed Super Fund can have increased from four to six. Why would