DEATH AND TAXES – BOTH UNAVOIDABLE?

SMSFs – Collectables & Personal Use Assets

Do you still own collectibles or personal use assets in your Self Managed Superannuation Fund? If so, that’s OK, but make sure you understand the new rules and ensure that they are adhered to by 30th June 2016. The assets in this class include items such as artwork,...
DEATH AND TAXES – BOTH UNAVOIDABLE?

Unsolicited ATO Communications

A growing trend has recently emerged on an international scale in respect of identity theft and the coercing of confidential information from unwilling parties. Recent activity has seen an increase in the number of superfluous emails and telephone calls being made...
DEATH AND TAXES – BOTH UNAVOIDABLE?

SuperStream Extension Granted for Small Business

The ATO has announced it will be extending the compliance deadline for small businesses with less than 20 employees to adopt SuperStream until Friday 28 October. The ATO will be working with those still struggling to adopt the payment standard to ensure they are ready...
DEATH AND TAXES – BOTH UNAVOIDABLE?

GST – Common errors or mistakes

Even though the goods and services tax (GST) has been in place since 2000 it still provides small business owners with a lot of confusion today. The confusion is one of the reasons why the Australian Taxation Office (ATO) targets their audit activity in this area. GST...