The curtain coming down on another year has a way of focusing the mind on how time is passing.
The Turnbull government has launched an invitation for public comment to the Black Economy Taskforce ahead of an interim report in March, in an effort to stamp out tax evasion and loopholes.
Including a car in a salary package is a popular remuneration arrangement, and doing so as part of a salary sacrifice package will often give rise the a “novated lease”.
A lot of SMSF trustees are confused by the CGT transitional relief provided in the super reforms and are selling off fund assets ...
Several SMSF professionals have revealed that their clients are being increasingly the target, and victims, of dodgy property schemes promising high yield and minimal risk.
Obligations and responsibilities of an executor are significant. Their decisions can be monumental.
Two SMSF auditors, including a big four firm, have revealed that they expect the ATO to home in on asset valuations imminently, ahead of the introduction of new caps on 1 July 2017.
An astute way to begin a new year is to take a close look at your personal finances - including your super and non-super investment portfolios and your retirement-saving strategies - and to think about what improvements should be made.
The ATO has warned businesses in the cash economy are a major focus area for the regulator as it ramps up its scrutiny of third party data, in an effort to ensure a fair marketplace for businesses doing the right thing.
Think you’ve claimed all you can on your investment property? Depending on your circumstances, the expenses you can claim as tax deductions on your property can vary! Knowing what deductions you can claim can be confusing. For instance, some people mistakenly assume that maintenance and repairs of their property before it is leased can be […]