A recent ruling has overturned the long held ATO position of distributions from trusts to corporate beneficiaries being treated as Division 7A loans. Read more here.
The federal government has recently announced a third small business boost – the small business energy incentive which will allow small businesses to benefit from more efficient energy use. Read more here.
As we near Christmas, we receive many questions from businesses regarding the implications of Christmas Parties, Gifts and Donations. Read on for important information on tax considerations this Christmas.
What should I do if I am a Director of a Company and I receive a Director Penalty Notice issued by the Australian Tax Office? Read on for more information.
If you own a holiday home in Australia, you may be eligible for tax deductions. Holiday homes can be a great source of income, but they also come with their own set of expenses. Knowing what you can and cannot claim as tax deductions is crucial to maximizing your return on investment. Read more here.
For the 2022/2023 income tax year, the fixed rate method in claiming working from home expenses has increased from 52 cents per hour to 67 cents per hour. Read more here.
Small businesses could be eligible to receive up to $20,000 with the latest round of Business Boost Grants.
The program assists small businesses to enhance their efficiency and productivity in three key areas. Read more here.
To launch our new ‘Q and A’ series, we sat down with Tanya Dobeli, Director to talk about the challenges and opportunities for women in the finance sector. Read more here.
You may have seen in social media that some Australians have been disappointed in the outcomes of their 2023 individual income tax returns. There are a few factors that can affect the outcome of your tax return that are explored here.
Australian real estate has long been the preferred investment type for many investors in Australia. With the strong capital growth experienced across this sector, is it still a tax efficient investment and are there additional tax costs you need to be aware of?
