Practice Update December 2023 covers following points: ATO’s lodgment penalty amnesty is about to end Notice of officeholder data-matching program ATO warning regarding prohibited SMSF loans Don’t forget the two further ‘boosts’! Claiming deductions in relation to a holiday home Reminder of December 2023 Quarter Superannuation Guarantee (‘SG’) Click here for Practice Update December 2023
Practice Update November 2023 covers following points: Tax issues for businesses that have received a support payment Care required in paying super benefits Notice of visa data-matching program ATO says: “Be cyber wise, don’t compromise” Losses in crypto investments for SMSFs Click here for Practice Update November 2023
Practice Update October 2023 covers following points: Taxpayers need to get their ‘rental right’ Choosing the right PAYG instalment method Mildura man jailed for seven years for GST fraud Remember the unused concessional contributions cap concession Deduction for contributions denied due to notice requirement problems Click here for Practice Update October 2023
Practice Update September 2023 covers following points: Appointing an SMSF auditor ATO gives ‘green light’ to lodge Different meanings of ‘dependant’ for superannuation and tax purposes NALI provisions did not apply to loan structure Luxury car tax: determining a vehicle’s principal purpose Click here for Practice Update September 2023
Filing tax returns in Australia can often be overwhelming and complex. But do you know with a little bit of knowledge and proper planning, you can uncover hidden opportunities to reduce your tax bill significantly? In fact, Australia’s taxation system allows you to claim deductions for some expenditures that are directly related to your income….
Practice Update August 2023 covers following points: Claiming GST credits for employee expense reimbursements Lodging of Taxable payments annual reports Changes to deduction this tax time Downsizer contribution measure eligibility has been extended Reallocation of excess concessional contributions denied Click here for Practice Update August 2023
Practice Update July 2023 covers following points: Court penalises AMP $24 million for charging deceased customers The super guarantee rate is increasing Minimum annual payments for super income streams Know your private company loan arrangements before you lodge Proportional indexation of transfer balance caps from 1 July 2023 Masters course fees not deductible as self-education…
No services found.
Read Our Latest News
Schedule your free consultation with our expert accountants today and start building your path to success!
