Welcome to the TF Accountants August Tax and Superannuation Update.
In this article we provide information regarding:
Wich work related expenses are being targeted by the Australian Tax Office
How to boost your SMSF in retirement and the Transition to Retirement Strategy
Selling your business and the GST Going Concern exemption
Why your business industry code is important in your tax return
Tax Office Rulings, what are they?
and much more.
Welcome to the TF Accountants July Tax and Superannuation Update. In this article, we provide you with tips and information on common misconceptions on tax deductability of certain items, other claimable deductions, insurance through your Self-Managed Superannuation Fund (SMSF), essentials of succession planning and more.
Welcome to the TF Accountants March Tax and Superannuation Update. In this article we provide details on fringe benefits tax, superstream information, self education expenses, calculating you capital gains tax and employee share schemes and much more.
Welcome to the TF Accountants February Tax and Superannuation Update. In this article we provide tips and traps when investing in property through your SMSF, debt forgiveness rules, when a worker is an employee or a contractor and much more.
Yesterday, the Government reached an agreement with the Palmer United Party to abolish the Mining Tax in return for postponing the compulsory Superannuation Guarantee increase to 12% to 2025 and the reduction in the $6,500 immediate asset write-off for small businesses to $1,000 among other things.
With the 2014 financial year drawing to an end, businesses, passive investors and individuals should carefully consider strategies to reduce their upcoming tax liabilities or maximise tax refunds as well as consider getting structures right for the start of the new financial year.
Last night, Treasurer Joe Hockey handed down the 2014-15 Federal Budget which he described as being one for the national interest. Due to the lead up, it was expected that significant changes would be announced.
On 21 August 2012, the Australian Government introduced amendments to its proposed reform of the tax treatment of living-away-from-home allowances (LAFHA)
The amended Bill has now been passed by parliament and…
Proposed Changes to Private Health Insurance Rebate
Proposed legislation could mean the cost of Private Health Insurance will be substantially more for many individuals and families from 1 July 2012. If you…