Tax and Super Policy Changes

Tax and Super Policy Changes

After the completion of the 2014 Murray report and the Government Tax White Paper expected to be released soon, we may see some changes in the upcoming budget to try and make the tax and super system “fairer” and gain some further taxes for the Federal budget...
Tax and Super Policy Changes

Check that Odometer

With the end of the Fringe Benefits Tax (FBT) year rapidly approaching, the time is coming up to check the odometer readings for all vehicles held within associated entities. This odometer reading must be documented for each vehicle, as at Tuesday 31 March 2015
Tax and Super Policy Changes

Rental Properties

The ATO are increasing their focus on rental property deductions, they have noted that common errors are: 1. Claiming deductions when the property is not available for rent, only available for rent for part of the year or only part of the property is available for...
Tax and Super Policy Changes

Property & GST

Correctly reporting property transactions Lauren Bromley  For every property transaction that you make there may be a GST consequence you need to consider. If you are making transactions involving property you will need to report your GST obligations. ...
Tax and Super Policy Changes

Other Updates

Please be aware that: 1) Your tax planning for the 30 June 2014 financial year should be well on its way, if not finished already. If it hasn’t been please contact your principal or manager asap. 2) If you have a trust within your group structure, your pre 30 June...